🚀 $SPELL / USDT – Double Bottom or Fakeout? Eyes on 0.0006494! 🪄📈
$SPELL is holding firm at 0.0006239 with a +3.67% gain over the last 24h. After dipping to 0.0005993 and rebounding strongly, bulls are trying to reclaim control. With a high of 0.0006494 in the last session, this level now acts as critical resistance.
📊 Trade Setup:
Entry Zone: 0.0006200 – 0.0006250
Take Profit Targets:
TP1: 0.0006400
TP2: 0.0006550
TP3: 0.0006750
Stop Loss: 0.0005990
The 4H chart shows a possible “W” pattern forming. A bullish confirmation above 0.0006500 could attract momentum traders and trigger a fresh breakout.
🔮 Pro Tip: Keep a close eye on volume and RSI divergence — if momentum holds, $SPELL could cast another bullish spell soon!