$SPELL
SPELL is living up to its name — quietly casting a spell of boredom over the market. Down only -3–4%, trading around 0.00024, it’s not flashy… yet. But the way liquidity sits just under price tells a different story: people are still willing to bid this, even when attention is elsewhere.
Historically, SPELL has thrived in environments where liquidity starts hunting yield and leverage again. As overall market volume creeps up, smaller DeFi / lending-related names often enjoy a second wind. The current silence feels less like a funeral and more like a deep breath before a chant.
What I’m watching next:
I’m watching 0.000235–0.000245 as the key reload zone. A breakout above 0.00027 with conviction could send SPELL toward 0.000315. Lose 0.000215 decisively, and the risk/reward on this particular setup falls apart for me.
• EP: $0.000245
• TP: $0.000315
• SL: $0.000215
I’m ready for the move —$SPELL
