$SPELL /USDT Bullish Opportunity
Bounce from Demand Zone:
SPELL has bounced off a key support zone at 0.0005490, showing buyer strength. The recent higher low structure and strong wicks indicate momentum building for a breakout.
Trade Setup:
Entry Zone: 0.0005560 - 0.0005575
Take Profit (TP): 0.0005724
Stop Loss (SL): 0.0005493
Market Outlook:
The market structure remains bullish above the support block, with higher lows forming and signs of accumulation in volume. As long as the price holds above 0.0005490, bulls are in control.
Trading Tip:
Wait for a 15-minute candle close above 0.0005580 for confirmation before entering fully. Be cautious of SL sweep wicks.