🚀 $SPELL /USDT Technical Analysis – Key Support, Resistance, and Entry Strategy

🔍 Current Price: 0.0017989 (+2.99%)

📊 Key Levels:

Resistance: 0.0019500

Support: 0.0016500 (Strong Support Zone)

Current Range: 0.0017989 to 0.0018500

🔑 Analysis: $SPELL /USDT shows a consistent bullish movement, increasing by +123.56% over the last 30 days. The price is holding strong near the support zone at 0.0017989, which is a key level for a bounce.

📈 Long-term Strategy:

Entry: around 0.0017989

TP1: 0.0018500

TP2: 0.0019000

TP3: 0.0019500 (Break of Resistance)

Stop-loss: 0.0017000 (Profit Protection)

📉 Short-term Strategy:

Entry: If the price retraces to 0.0017500 (Possible Reversal)

TP1: 0.0018000

Stop-loss: 0.0016500

💡 Conclusion: Strong bullish trend on the 7-day and 30-day charts. Watch for resistance at 0.0019500 for possible breakouts. Risk management through strict stop-losses ensures safety in both long-term and short-term strategies.

$SPELL

ADX
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0.0009138
-2.79%

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