$SPELL is holding firm above its local demand zone after a sharp rejection from the upper resistance, indicating healthy profit-taking rather than weakness..............

Price has stabilized around the 0.000244–0.000245 area, forming a base with small-bodied candles, which often signals accumulation...............

As long as this support holds, the structure favors a continuation move toward higher liquidity zones marked on the chart...............

Trade Setup

Entry Range: 0.0002430 – 0.0002460

Target 1: 0.0002503

Target 2: 0.0002541

Target 3: 0.0002588

Stop Loss (SL): 0.0002400