$SPELL L/USDT BULLISH BREAKOUT SETUP
$SPELL has confirmed a bullish reversal after holding the 0.0003400 support zone and breaking above short-term EMAs. The EMA(7) has crossed above EMA(25) and EMA(99), signaling renewed upward momentum. Increasing OBV supports buying pressure, indicating strong accumulation from market participants. A continuation move toward higher resistance levels is likely if momentum sustains.
LONG ENTRY: 0.0003520 – 0.0003540
TARGETS (TP):
• TP1: 0.0003640
• TP2: 0.0003720
• TP3: 0.0003820
STOP LOSS (SL): 0.0003400
RISK MANAGEMENT:
Risk only 2–3% of capital per trade. Stick to SL discipline and trail profits once TP1 is achieved to secure gains.
#TechnicalAnalysis #CryptoTrading #DeFiMarket #BreakoutStrategy #Write2Earn! $SPELL