SPELL / TetherUS
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SPELL/USDT Analysis: Long Setup

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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.

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