**🚀
$SPK /USDT: Short Trade Opportunity Ahead! 🚀**
The **SPK/USDT** pair is showing signs of a potential dip, making it a prime candidate for a short trade. Here’s why:
**Key Indicators:**
- **Price Action:** After a strong rally (+69.96%), SPK is now facing resistance near **0.1245–0.1264**, a key zone for a reversal.
- **MACD Bearish Divergence:** The **DIF (0.002249)** is below the **DEA (0.002768)**, and the **MACD histogram (-0.000519)** confirms weakening momentum.
- **Stochastic RSI Cooling Off:** The **STOCHRSI (46.23)** is dipping below its MA (47.86), hinting at a loss in bullish strength.
- **Volume Decline:** Current volume (**16.9M**) is below the **5-day MA (21M)**, signaling reduced buying pressure.
**Trade Plan:**
- **Entry Zone:** **0.1236–0.1245** (test of resistance)
- **Targets:** **0.1154** (support), with potential extension to **0.0859** (major swing low).
- **Stop Loss:** Above **0.1265** (break of resistance).
**Risk Management:**
- Tight stops advised—volatility is high!
- Watch for a confirmed breakdown below **0.1154** for added conviction.
**Short-term traders, get ready! SPK could be setting up for a profitable dip.**
🔍 **Always DYOR and trade responsibly!**
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