Everyone's FOMO buying SPELL at 0.0000935, but the 1H tape is begging for a retest at 0.0000870.
$SPELL - LONG
Trade Plan:
Entry: 0.0000865 – 0.0000885
SL: 0.0000830
TP1: 0.0000941
TP2: 0.0000959
TP3: 0.0001004
Why this setup?
Buying the 4.4x volume spike at 0.0000935 is how retail provides exit liquidity—smart money is waiting for the 0.0000870 discount. While the broader weekly timeframe remains in a macro downtrend, the 1H and daily market structures are locked in bullish alignment with BTC, confirming that this +4% impulse is genuine continuation rather than a bull trap.
Instead of chasing an overextended wick directly into overhead supply, high-conviction positioning lies in the 0.0000865–0.0000880 demand pocket. The 15m RSI is cooling down toward 51.20, resetting local momentum and clearing fresh runway for buyers to mount another push. With 1H ATR at 0.0000034, holding above the 0.0000840 baseline opens an open path to sweep the swing highs at 0.0000941 (+7.5%) and 0.0000959 (+9.6%), with an extended macro target at 0.0001004 (+14.7%). A 1H close below 0.0000840 completely invalidates the long structure.
Debate:
Are you waiting for the 0.0000870 demand retest to fill, or do you think the 4.4x volume pushes SPELL straight past 0.0000959 without a pullback?
Click here to Trade 👇
$TRUMP
$PROM
$SPELL - LONG
Trade Plan:
Entry: 0.0000865 – 0.0000885
SL: 0.0000830
TP1: 0.0000941
TP2: 0.0000959
TP3: 0.0001004
Why this setup?
Buying the 4.4x volume spike at 0.0000935 is how retail provides exit liquidity—smart money is waiting for the 0.0000870 discount. While the broader weekly timeframe remains in a macro downtrend, the 1H and daily market structures are locked in bullish alignment with BTC, confirming that this +4% impulse is genuine continuation rather than a bull trap.
Instead of chasing an overextended wick directly into overhead supply, high-conviction positioning lies in the 0.0000865–0.0000880 demand pocket. The 15m RSI is cooling down toward 51.20, resetting local momentum and clearing fresh runway for buyers to mount another push. With 1H ATR at 0.0000034, holding above the 0.0000840 baseline opens an open path to sweep the swing highs at 0.0000941 (+7.5%) and 0.0000959 (+9.6%), with an extended macro target at 0.0001004 (+14.7%). A 1H close below 0.0000840 completely invalidates the long structure.
Debate:
Are you waiting for the 0.0000870 demand retest to fill, or do you think the 4.4x volume pushes SPELL straight past 0.0000959 without a pullback?
Click here to Trade 👇
$TRUMP
$PROM
