$SPELL /USDT Trading Signal - Consolidation Phase with Breakout Potential!

Current Price: $0.0008586

Entry Range: $0.0008500 - $0.0008700

Targets:

Target 1: $0.0008800

Target 2: $0.0009100

Target 3: $0.0009400

Stop Loss: $0.0008200

Analysis:

$SPELL /USDT has shown a strong recovery from $0.0008021, reaching a high of $0.0009080 before entering a consolidation phase. The current price at $0.0008586 indicates a potential buildup for a breakout above $0.0008700. The first target aligns with nearby resistance, while the higher targets reflect momentum-driven growth opportunities.

Traders should secure partial profits at Target 1 and adjust stop-loss levels to lock in gains as the price moves toward higher targets.

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