The chart is fairly balanced right now, so waiting for stronger confirmation still makes sense.
In the current Sideways Quiet regime, the best-fit approach is Range trading / mean reversion. The market is balanced and relatively calm, which tends to reward mean-reversion behavior and range trading more than breakout chasing.
Spell Token support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $0.00007368 - $0.00007738 | |
| Resistance 1 | $0.00008464 - $0.00008834 | |
| Resistance 2 | $0.00009295 - $0.00009851 | |
| Resistance 3 | $0.0001163 - $0.0001200 | |
| Resistance 4 | $0.0001217 - $0.0001254 | |
| Active 1 | $0.00007890 - $0.00008343 |
SPELL clears the resistance zone at $0.00008464 - $0.00008834 and holds above it. That would strengthen the breakout case and shift attention to $0.00009295 - $0.00009851.
SPELL loses the support zone at $0.00007368 - $0.00007738. That would weaken the setup and open the way toward $0.00007368 - $0.00007738.
SPELL continues trading between $0.00007738 and $0.00008464. In that case, range-trading conditions remain active.
Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.
| Indicator | Value | Signal | Interpretation |
|---|---|---|---|
| SMA50 | $0.00008113 | Bullish | SPELL is trading above the 50-day average. |
| SMA200 | $0.0001291 | Bearish | SPELL remains below the long-term trend line. |
| EMA50 | $0.00008521 | Bearish | SPELL is trading below the 50-day exponential average, which weakens the recent trend. |
| EMA200 | $0.0001381 | Bearish | SPELL is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 50.71 | Neutral | RSI (14) is at 50.71, which keeps momentum in a balanced range. |
| Stoch RSI (14) | 53.38 | Neutral | Stoch RSI (14) is at 53.38, which suggests momentum is active but not yet extreme. |
| MACD | 0.0₆2426 | Bearish | MACD is below its signal line. |
| ATR | 3.41% | Quiet | Volatility is below its 180-day median. |
| VWMA | $0.00008471 | Bearish | Price is below the volume-weighted average. |
| Commodity Channel Index (20) | -16.16 | Neutral | CCI (20) is at -16.16, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $0.0₅1222 | Bullish | Awesome Oscillator is above zero at $0.0₅1222, which supports bullish momentum. |
| Williams Percent Range (14) | -53.08 | Neutral | Williams Percent Range (14) is at -53.08, which keeps price in the middle of its recent range. |
| Bull Bear Power (13) | $0.0₆5275 | Bullish | Bull Bear Power (13) is positive at $0.0₆5275, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 39.13 | Neutral | Ultimate Oscillator is at 39.13, which suggests momentum is balanced across its short, medium, and long windows. |
| Hull Moving Average (9) | $0.00008163 | Bullish | SPELL is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.00008500 | Bearish | SPELL is trading below the Ichimoku base line, which points to weaker structure. |
Over the past 7 days, Spell Token price was most positively correlated with the price of Conflux (CFX), Shiba Inu (SHIB), Floki Inu (FLOKI), Pepe Coin (PEPE) and Binance Coin (BNB) and most negatively correlated with the price of Raydium (RAY), BitTorrent (BTT), Tezos (XTZ), Venice Token (VVV) and TRON (TRX).
| Name | Correlation |
|---|---|
| Conflux | 0.956 |
| Shiba Inu | 0.940 |
| Floki Inu | 0.938 |
| Pepe Coin | 0.932 |
| Binance Coin | 0.917 |
| Name | Correlation |
|---|---|
| Raydium | -0.634 |
| BitTorrent | -0.520 |
| Tezos | -0.518 |
| Venice Token | -0.412 |
| TRON | -0.389 |
Spell Token price is positively correlated with the top 10 coins by market cap with a price of 0.602, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.576. Currencies that are positively correlated with Spell Token indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Spell Token, a move in one direction for Spell Token would translate into a move in the opposite direction for the negatively correlated coin.
