$SPELL is consolidating after a high-volume breakout from $0.0001207, with price holding above the breakout base despite multiple rejection wicks. The structure shows accumulation rather than distribution, as sellers have failed to push price back below support.
📈 Pattern: Bull Flag / Breakout Retest
🎯 Entry: 0.0001330 - 0.0001380
🎯 TP1: 0.0001470
🎯 TP2: 0.0001570
🎯 TP3: 0.0001650
🛑 SL: 0.0001270
After the explosive impulse to 0.0001650, price entered a tight consolidation range and has continued printing higher lows. The recent RSI expansion and range compression suggest momentum is rebuilding, with a breakout above local resistance potentially triggering another leg toward the previous high.
Will SPELL reclaim 0.0001650 and continue its breakout trend? 👀🔥
Trade #spell here
SPELL
0.0001309
-0.83%