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#SPELL - Bullish momentum is renewed! 🚀📈
The $SPELL pair is trading at 0.0005467 (+7.85%), sharply rebounding after holding a support level near 0.0005037. This rebound indicates a return of buyers, aiming to re-test the high at 0.0006180.
🔑 Key Levels:
Support zone: 0.0005200 - 0.0005050
Resistance zone: 0.0005800 - 0.0006200
Breakout Trigger: A breakout above 0.0005800 may accelerate the upward momentum.
🎯 Goals:
First profit target: 0.0005700
Second profit target: 0.0006000
Third profit target: 0.0006300
⛔ Stop Loss: 0.0005100
📊 Market Insights:
After a period of consolidation, the $SPELL level shows signs of recovery with rising green candles. If the bulls maintain their control above the 0.0005400 level, the momentum could push them back to their recent highs, opening the way for continued gains #Token of Love: Cheer on Square & Win Tickets #FOMC July Minutes #Crypto Market Rebound .