SPELL/USDT Indicating continue upward movement after retesting.

๐Ÿ’Ž 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.

๐Ÿ’Ž 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.

๐Ÿ’Ž 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.

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