#NonFarmPayrollsImpact Technical Analysis of $SPELL

/USDT: Bullish Momentum with Key Targets 🚀

Current Price: $0.0008786 (+8.27% in 24h)

SPELL/USDT has seen a strong upward movement, with a 24-hour high of $0.0009781 and a low of $0.0008028. This price action shows signs of bullish momentum, and the chart is signaling potential growth as we move forward.

📊 Key Levels & Targets:

1. Target 1: $0.0009000

After breaking through the immediate resistance around $0.0008786, the price is eyeing the $0.0009000 mark. This level represents a short-term resistance and could lead to further bullish momentum if surpassed.

2. Target 2: $0.0010000

The next major resistance lies around the $0.0010000 level. If the bullish trend continues, we expect SPELL/USDT to potentially test this level. A breakout here could pave the way for an extended rally.

3. Target 3: $0.0011000

If the market remains strong, the $0.0011000 level is a key psychological barrier. Reaching this level would signal further confirmation of a longer-term bullish trend and attract more buyers into the market.

📈 Key Indicators:

24h Volume (SPELL): 35.528 million

24h Volume (USDT): $31.95 million

DeFi growth continues to support upward momentum

🚨 Watch for Pullbacks:

While the overall trend is bullish, traders should watch for potential pullbacks toward $0.0008000 or lower levels for buying opportunities. Any drop below $0.0008028 could indicate a short-term correction before resuming the uptrend.

Keep an eye on these critical levels as the market continues to evolve. Stay updated and trade wisely!

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