PELL has shown a solid bounce today, currently trading at 0.0005362 USDT, up +8.67% in the last 24 hours. Bulls are trying to regain momentum after a drop from the day’s high of 0.0006258.
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🔍 Quick Overview:
Current Price: 0.0005362
24h High / Low: 0.0006258 / 0.0004804
24h Volume: 50.32B SPELL | 27.82M USDT
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🔧 Technical Setup (15m Timeframe):
📌 EMA Levels:
EMA(7): 0.0005368
EMA(25): 0.0005445 (Immediate Resistance)
EMA(99): 0.0005381
Price is currently moving between the EMA(7) and EMA(99), signaling consolidation. A close above 0.0005445 could spark a bullish breakout toward 0.0005761 and possibly 0.0006258.
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📉 MACD Insight:
The MACD histogram is flattening. Bulls might be warming up, but confirmation is needed. A bullish MACD crossover will strengthen buying signals.
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📊 Volume Watch:
Volume remains steady. No big spike yet—but a breakout could be near. Keep an eye on rising buy volume.
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🚨 My Trade View:
If SPELL breaks above 0.0005445 with good volume, I expect short-term upside. But if it rejects from here and drops below EMA(99) (0.0005381), we might revisit support near 0.0005211.
#SPELL #Binance #CryptoAnalysis #ShahzaibTrades #defisaver $BTC
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