$SPELL Holding Strong – Bullish Setup Brewing!
Entry Zone: $0.00049
Stop Loss: $0.00045
Resistance: $0.00048 (key breakout zone)
SPELL is showing solid support from users and buyers, holding tight around the key level. It's forming a strong base, and the price action suggests a bullish structure is forming.
Once it cleanly breaks above $0.00048, we could see a sharp upside move begin.
🔍 My Opinion:
Price is compressing under resistance breakout likely soon….
Volume and structure look strong for a bullish continuation.
If it stays above $0.00049, the move toward $0.00053–$0.00056 is very likely
This setup looks low-risk, high-reward if the stop loss is respected.