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BlockchainBaller
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هابط$SPELL /USDT Nearing Critical Recovery – Can It Hold Above $0.0009971❓$SPELL has faced a significant dip of 20.71%, trading at $0.0009971 after rebounding from its 24-hour low of $0.0008600. With the RSI at 46.42, the momentum appears neutral showing signs of consolidation after sharp declines.
{spot}(SPELLUSDT)
Key Levels to Monitor:
Resistance: $0.00108 – Breaking this level could push SPELL toward $0.00120.
Support: $0.0008600 – Holding above this key level is critical to avoid further declines.
Market Analysis:
The MACD indicates slight recovery attempts, while Parabolic SAR reflects a cautious upward trajectory. Increased volume and bullish confirmation are needed to solidify an upward trend.
Bottom Line: SPELL is consolidating at a crucial point. Keep a close watch for a breakout above $0.00108 or a potential retest of the $0.0008600 support level. Strategic entries may emerge as volatility stabilizes.
#MarketPullback
{spot}(SPELLUSDT)
Key Levels to Monitor:
Resistance: $0.00108 – Breaking this level could push SPELL toward $0.00120.
Support: $0.0008600 – Holding above this key level is critical to avoid further declines.
Market Analysis:
The MACD indicates slight recovery attempts, while Parabolic SAR reflects a cautious upward trajectory. Increased volume and bullish confirmation are needed to solidify an upward trend.
Bottom Line: SPELL is consolidating at a crucial point. Keep a close watch for a breakout above $0.00108 or a potential retest of the $0.0008600 support level. Strategic entries may emerge as volatility stabilizes.
#MarketPullback
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.