SPELLUSDT is currently exhibiting a large inverse head and shoulders formation, with the price presently forming the right shoulder. This pattern is typically a bullish reversal indicator, suggesting potential upward movement. Our focus should be on the accumulation zone, which presents a promising buying opportunity. The key price targets are indicated on the chart, providing a roadmap for potential gains.
The primary phase of volatility is anticipated to commence once the price breaks above the neckline zone, confirming the pattern and potentially leading to a strong bullish trend. We should prepare for increased market activity at this critical juncture. Patience and strategic positioning in the accumulation zone will be essential for maximizing potential returns.