Spell Token (SPELL) is experiencing a somewhat bearish trend, having dropped by about 12.6% over the past month in the SPELL/USDT pair. However, it has shown positive performance over the longer term, with gains of over 97.7% in the last three months
From a technical perspective, indicators are mixed. While moving averages are suggesting a short-term buy signal, oscillators are mostly neutral, indicating uncertainty in momentum.
This reflects SPELL's volatile nature, with recent technical analysis showing that while there could be short-term buy opportunities, the longer-term view remains uncertain.