๐ฅ $SPK /USDT โ Short-Term Pressure Mounts, But Is a Bounce Brewing? ๐
SPK is down -6.76%, now trading at $0.04591 after a dip to its 24h low of $0.04542.
Price is hovering around the lower Bollinger Band on the 15-minute chart โ a key zone where reversals often begin.
While bears dominate the short-term, this oversold condition might attract bargain hunters soon.
Low time frame traders should watch for a breakout above the mid-band ($0.04648) to confirm strength.
๐ Scalp Trading Plan:
โข Entry: $0.04590 โ Current support zone
โข TP1: $0.04648 โ Mid-band resistance
โข TP2: $0.04770 โ Upper Bollinger Band
โข TP3: $0.04859 โ Recent swing high
โข SL: $0.04525 โ Below lower support
โ ๏ธ High-risk, high-reward zone โ ideal for quick scalps only with tight risk management.
Patience and confirmation are key in such volatile setups.
