🚨🔥 $SPELL SHOWING WEAKNESS – REVERSAL OR CONTINUATION? 🔥🚨
SPELL is currently trading at $0.0007776, surging over 20.24% in the last 24 hours. However, price action shows signs of exhaustion after hitting a 24H high of $0.0008600, with sellers stepping in at key resistance levels.
📊 Key Levels to Watch
🔺 Resistance: $0.0007900 – A breakout could push SPELL toward $0.0008100 and $0.0008350.
🔻 Support: $0.0007650 – Losing this level may lead to a drop toward $0.0007500 and $0.0007360.
🎯 Trade Setup – Maximize the Move!
📈 Long Entry: Above $0.0007900, targeting $0.0008100 and $0.0008350.
📉 Short Entry: Below $0.0007650, expecting a dip to $0.0007500 and $0.0007360.
🚨 Stop-Loss: $0.0007580 (for longs) | $0.0007950 (for shorts)
📉 Market Insights – What’s Driving This Move?
✅ Strong Rally: SPELL gained 20.24% in 24 hours, indicating bullish interest.
✅ Volume Surge: 24H trading volume at 46.10B SPELL, suggesting high activity.
✅ Profit-Taking Signs: Red candles forming at the top, indicating possible correction.
💡 Final Thought: If SPELL clears $0.0007900, it could see more upside. However, failure to hold support at $0.0007650 might trigger further declines. Watch for a decisive move!
#Write2Earn! #ConsumerConfidence #MarketRebound #BitcoinBounceBack #KaitoXAccountHacked