🚀 $SPELL /USDT: CONSOLIDATION NEAR KEY LEVELS – BREAKOUT AHEAD? ⚡
The $SPELL/USDT pair is currently trading at 0.0008822, hovering near crucial support and resistance levels. Traders should watch closely for potential breakout signals.
📊 Trade Scenarios:
Entry Point: 0.0008822
Take Profit (TP) 1: 0.0009000
Take Profit (TP) 2: 0.0009200
Take Profit (TP 3): 0.0009500
Stop Loss (SL): 0.0008600
Support is found at 0.0008600, while resistance is at 0.0009000. A breakout above 0.0009000 could spark bullish momentum, targeting 0.0009200 and 0.0009500. However, a drop below 0.0008600 may lead to bearish pressure.
📉 Market Outlook:
SPELL is testing the 0.0008600 support level. Holding above this zone could lead to a bullish push toward 0.0009000 and beyond. A breakout above 0.0009000 confirms strength, while a drop below 0.0008600 might signal a retracement.
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