Binance Technical Analysis: $SPELL

/USDT Price Action & Key Targets 🎯

The SPELL/USDT pair is currently experiencing an impressive surge, gaining +26.91% over the past 24 hours. As we analyze the market, here are three key targets to watch closely for potential price movements:

1. Target 1: $0.0011000

The first target is a crucial resistance level. A successful breakout above this level could signal further upward momentum, potentially pushing the price to higher levels.

2. Target 2: $0.0011500

If SPELL/USDT continues to show bullish strength, this price point could act as the next major resistance. Reaching this target would solidify the bullish trend and attract more buyers.

3. Target 3: $0.0011611

The 24-hour high of $0.0011611 is the final resistance point in our analysis. Breaking through this level could open the door for an even more significant rally, providing new opportunities for traders.

Key Levels to Watch:

Support Zone: $0.0009500

Resistance Zones: $0.0011000, $0.0011500, $0.0011611

Stay alert and watch for these critical levels. As always, manage your risk effectively, and happy trading!

#Binance #CryptoTrading #TechnicalAnalysis #SPELLUSDT