šØ $SPK /USDT Major Dip ā Oversold or Just Getting Started? ā ļø
$SPK has plunged -13.99% to $0.0411, crashing near its 24h low of $0.0405. It's now below all EMAs, reflecting strong short-term bearish pressure:
EMA(7): $0.0419
EMA(25): $0.0439
However, with 437.59M SPK volume and a $19M USDT turnover, this could signal capitulation before a possible bounce from the current oversold zone.
š Trading Plan (High-Risk Bounce Setup): ⢠Entry Zone: $0.0405 ā $0.0415
⢠Take Profit 1: $0.0435
⢠Take Profit 2: $0.0468
⢠Take Profit 3: $0.0485
⢠Stop Loss: $0.0394
š„ Extreme fear = opportunity. Watch closely for a bullish reversal on the 15m/1h chart.
#SPK #DeFiToken #CryptoCrash #AltcoinTrade #BinanceSetup $SPK