SPELL/USDT – Loading Next Cycle? 🚀 Looking at SPELL on the weekly chart, the structure looks very clear to me. We had big cycle tops before (A → B → C), and every time after long accumulation the price came back with a strong pump. Right now SPELL is sitting at the bottom around 0.0005, a level where it has been building support for a long time. If this cycle repeats, the next big wave (D) could target around 0.002 in 2025. We see here a view that every time it started around the same start. The trading update SEP/OCT There is an expectation for $0,001 My view: As long as we hold this base, I expect a breakout first toward 0.0010 – 0.0012. If that zone flips into support, then the next leg up could reach 0.0019 – 0.0020. This would match the previous cycle moves we saw before. I’m watching closely. Accumulation is boring, but that’s usually where the best moves start. Patience could pay off big here. always do your study and make only choices depending your view as Cycles can take time.

Depending on last data and since BTC is positive Spell show that this can be the bottom and for new reenter to up $0,001, we will follow the coin for confirmations.

Since early 2022, SPELL has been in a strong downtrend, followed by a multi-year consolidation. Right now, the price is once again sitting inside the critical accumulation zone (0.00034 – 0.00047), which has been tested multiple times over the past 2+ years. This area represents a major battleground between long-term buyers looking for undervaluation and sellers maintaining downward pressure. --- 🔎 Chart Structure & Pattern Macro Downtrend: clear series of lower highs and lower lows since 2022, showing dominant selling pressure. Rectangle Accumulation: since 2023, price has been moving sideways inside the yellow support box (0.00034 – 0.00047). Repeated Rejections: every dip into this zone was met with sharp wicks upward, showing demand. But... if this zone fails, it may confirm exhaustion of buyers and open the door for deeper downside. --- 🚀 Bullish Scenario (Rebound & Reversal) For SPELL to flip bullish, these conditions must be met: 1. Support Holds: weekly close remains above 0.00034. 2. Breakout Confirmation: price must break and hold above resistance levels at 0.00065 → 0.00078 → 0.00117. 3. Volume Expansion: strong volume on the breakout to confirm real demand. 🎯 Bullish Targets: Short-term: 0.00065 – 0.00078 Mid-term: 0.00117 – 0.00151 Long-term (major reversal): 0.00331 – 0.00582 --- ⚠️ Bearish Scenario (Breakdown & Continuation) If SPELL closes below 0.00034 on the weekly, it will confirm a major breakdown: Long-term holders may cut losses, adding further selling pressure. With no strong historical support below, price may seek psychological levels lower. This could trigger a capitulation phase, creating new lows before a potential cycle reset. 🎯 Bearish Targets: Psychological support at 0.00020 – 0.00025 or even deeper levels due to lack of structure below. --- 🧩 Conclusion & Narrative SPELL is at a make-or-break zone: If 0.00034 – 0.00047 holds, we could see a significant rebound with multi-level rally potential. If it breaks, we may enter a new bearish leg with much lower prices ahead. For traders, this area can be approached two ways: Aggressive Strategy: accumulate inside support with a tight stop below 0.00034. Conservative Strategy: wait for a confirmed breakout above 0.00078 and enter on the retest. 📌 Bottom line: This zone is not just numbers — it’s the cycle-defining area for SPELL in the coming months and possibly years. --- #SPELL #SPELLUSDT #Crypto #Altcoin #TechnicalAnalysis #SupportResistance #PriceAction #CryptoAnalysis #Accumulation

📉 Technical overview: SPELL has gone through a dramatic decline since launch, but the chart reveals a consistent pattern: long accumulation phases in a descending wedge formation, followed by sharp upward impulses. Currently, the price is once again consolidating near the same zone where previous breakouts occurred. The structure resembles past setups, which eventually led to explosive moves. 📊 Key zones: Accumulation support remains intact Previous breakout zones overhead serve as potential targets Full pattern continuation could offer significant upside 🧠 Opinion: SPELL behaves like a typical speculative token with a clear memory on the chart. Price reactions appear to follow historical fractals, which makes it an interesting candidate for trend-based speculation. 🎯 Conclusion: Price is back in a familiar range where major reversals began previously. The setup is worth watching as a high-risk/high-reward opportunity for those who follow pattern-based strategies.

SPELL ~ 1W Analysis #SPELL This is the lowest support for now. Buy from here if you still have faith in this coin with a short term target of at least 20%+.

SPELLUSDT is currently exhibiting a bullish falling wedge pattern, a formation that often precedes a significant upward breakout. The price has been gradually compressing between converging trendlines, and recent candles suggest growing bullish pressure near the wedge’s support. With a good volume profile backing this consolidation, the chart structure is lining up for a potential breakout that could yield a projected gain of 90% to 100% in the near term. Spell Token (SPELL) powers the Abracadabra.money ecosystem, a DeFi lending protocol that allows users to borrow stablecoins using interest-bearing assets as collateral. As DeFi begins to regain traction in the broader crypto market, SPELL is drawing more investor attention due to its utility and role within a growing protocol. This resurgence in investor interest is aligning well with the technical setup, indicating strong potential for bullish price action. Technically, a breakout from the falling wedge pattern with sustained volume could confirm the bullish reversal. Once the resistance line is breached, it may trigger an impulsive rally with minimal overhead resistance, creating an ideal scenario for swing traders and short-term investors targeting explosive moves. The projected upside from the current pattern breakout points toward levels not seen since previous local highs, reinforcing a bullish narrative. In summary, SPELLUSDT is showing strong signs of a trend reversal with an ideal bullish chart pattern and healthy volume. The convergence of technical indicators, pattern formation, and growing market interest sets the stage for a potential high-reward setup in the coming weeks. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!

We previously analyzed this coin for a short setup, which played out well. Now we’re noticing seller weakness and a failure to push new lows. A local support zone has formed at $0.00065–$0.000598, and we’ve already seen an initial bullish reaction from it. We are considering a long from this zone or on a false breakout below the local low at $0.000589. The primary target for the move is $0.000665. This publication is not financial advice.

SPELLUSD | Long Bias | Watching Key Liquidity Zone | (May 2025) 1️⃣ Insight Summary: SPELL is trading at ultra-low levels and sitting below a key value area. Despite concerns about fundamentals and major selling pressure, we're watching for a potential bounce opportunity if liquidity steps in. 2️⃣ Trade Parameters: Bias: Long (Speculative Play) Entry: Around $0.00050 or slightly below — deep within value area low Stop Loss: Below recent wick low to avoid fakeouts TP1: $0.00083 TP2: $0.000913 Partial Exits: Consider trimming if price shows weakness before TP1 3️⃣ Key Notes: SPELL is the governance token of the Abracadabra Money platform. While it offers yield-bearing deposits and borrowing via Magic Internet Money (MIM), there are serious doubts about its long-term viability. There's been a major increase in open interest, with aggressive buyers stepping in — but also heavy spot selling, possibly from insiders or large holders. Price momentum is weak, and volatility is high. This trade is high risk and based on technical liquidity zones, not fundamental strength. Keep in mind, if price can reclaim and hold above the value area high, we may see better continuation and chances for compounding positions. 4️⃣ Follow-up Note: This idea will be updated if SPELL reclaims key levels or shows stronger bullish structure. Otherwise, we stay cautious and patient. Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.

This asset is completing the formation of a reversal structure. Above the current price levels, there are strong volume-based sell zones. If a reaction occurs from these zones, a sharp decline may follow, with the potential to reach the current low at $0.00051. Sell Zones: $0.00068–$0.000706, $0.000724–$0.00074. This publication is not financial advice

Successfully breakout this resistant line with a short -term target of at least +20-50%