$SPELL 🔍 $SPELL/USDT Trade Setup Summary

Current Price: $0.00005773

Support Zone: $0.00005500

Breakout Level: $0.00005800 (confirmation needed)

Target Range: $0.00006100 – $0.00006500

Stop-Loss Suggestion: Below $0.00005500 (the rebound base)

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🧠 Trade Rationale

Trend Reversal Signal: A breakout candle above recent consolidation implies the prior downtrend may be reversing.

Momentum Shift: Price action is showing strength above $0.00005700, suggesting bulls are stepping in.

Volume Confirmation (if available): Look for increased volume accompanying the breakout — this adds conviction to the move.

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📈 Trade Plan Example

Entry: On 1H or 4H candle close above $0.00005800

Stop-Loss: $0.00005480 (just below support)

Take-Profit 1: $0.00006100

Take-Profit 2: $0.00006500

Risk/Reward Ratio: Aim for at least 2:1

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⚠️ Caution

Avoid entering before breakout confirmation unless you’re comfortable with added risk.

Watch for fakeouts around $0.00005800 — wait for sustained movement above this level or a retest hold.

Crypto micro-cap tokens like SPELL can be highly volatile — use appropriate position sizing.

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