🚀 $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.
![](https://bin.bnbstatic.com/image/admin_mgs_image_upload/20220126/508e8baf-8d2b-41c3-8729-59fbe0335a5e.png)
#VVVonBinance #FedHODL #DeepSeekImpact #MicroStrategyAcquiresBTC #JUPBuybacks