$SPELL /USDT: Bullish Reversal in Play
Strong Bounce:
$SPELL has bounced from the key support zone around $0.0006085, trapping sellers and confirming a bullish reversal candle. This signals a potential rally toward upper resistance levels.
Trade Setup:
- Entry: $0.0006210 - $0.0006220
- Take Profit: $0.0006505
- Stop Loss: $0.0006075
Market Analysis:
The bullish structure suggests momentum is shifting in favor of buyers. As long as the price holds above the reclaimed support, further upside pressure is likely.
Trading Opportunity:
Consider entering long positions, targeting $0.0006505, with a stop-loss at $0.0006075. Monitor price action and adjust strategy accordingly to capitalize on the potential upside.
