$SPELL is looking really interesting here on the daily 👀
We had that massive volume spike and pump earlier this month, and now it looks like it’s cooling off and consolidating right around the 0.0000913 mark.
The 24h volume is still sitting at 35B+, so liquidity is definitely there. It’s holding up pretty well compared to the rest of the market, but it’s sitting right at a decision point.
I'm taking a small long here.
🎯 Entry: 0.0000913
🛑 Stop Loss: 0.0000870 (just below the recent low)
🎯 Take Profit 1: 0.0001000
🎯 Take Profit 2: 0.0001100
If it breaks below 87, I'm out. If it reclaims 100, we send it.
Remember to manage your risk.
We had that massive volume spike and pump earlier this month, and now it looks like it’s cooling off and consolidating right around the 0.0000913 mark.
The 24h volume is still sitting at 35B+, so liquidity is definitely there. It’s holding up pretty well compared to the rest of the market, but it’s sitting right at a decision point.
I'm taking a small long here.
🎯 Entry: 0.0000913
🛑 Stop Loss: 0.0000870 (just below the recent low)
🎯 Take Profit 1: 0.0001000
🎯 Take Profit 2: 0.0001100
If it breaks below 87, I'm out. If it reclaims 100, we send it.
Remember to manage your risk.