TheBrko

SPELL - in rectangle consolidation

FTX:SPELLUSD   Spell Token
It looks like SPELL is inside rectangle consolidation with strong buy at 0.0215$ and sell above 0.0262$.

Bullish:
- strong buy at support zone (nice wick festival here) ✅
- Stoch RSI on 12h and lower time frame ✅
- nice fakeout wick which is bought up quickly ✅

Bearish:
- RSI breakout ❌
- Stoch RSI on D, 3D ❌

Check previous SPELL analysis before breakout:


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