SPELL/USDT Indicating continue upward movement after retesting.

💎 SPELL has recently encountered significant developments in the market. Currently, it has broken out of the key supply area, indicating the potential for a retesting phase at the demand area of around $0.198 before resuming its upward movement and probability of reaching our target area.

💎 The demand area holds significant importance, as a strong bounce from this level could signal continued upward momentum for SPELL. However, if SPELL breaks down below the demand area, it would indicate a shift to bearish sentiment, with the next target being the support area.

💎 At the support area, for SPELL to continue upward, it needs to reclaim the level above the demand area. If this scenario fails, the price may continue to decline further.