$SPELL just bounced from the local support of 0.0004499, forming a bullish engulfing candle with strong buyer dominance at the order book level (69.85% bid pressure). This suggests early signs of accumulation before a possible breakout.
๐น Entry: 0.0004560
๐น Take Profit 1: 0.0004650
๐น Take Profit 2: 0.0004705
๐น Take Profit 3: 0.0004780
๐น Stop Loss: 0.0004485
Momentum is shifting, and if SPELL clears 0.0004610, it may rapidly revisit recent highs. Volume confirmation and RSI divergence support the bullish case. Eyes on a magical breakout!