🚨 $SPK Cooling Down or Gearing Up? Key Levels in Play! ⚡
$SPK is trading at $0.04128, up +0.45%, with bulls showing cautious strength after a recent dip.
It’s sitting below EMA(7) at $0.04209 and EMA(25) at $0.04183, signaling short-term weakness.
However, massive 24h volume of 421M SPK and $17.62M USDT shows high trader interest.
Price is near a key demand zone, and holding above $0.03895 is crucial to avoid deeper losses.
Reclaiming $0.04206 would restore bullish control and open doors for a breakout attempt.
Heavy resistance remains at EMA(99) – $0.04583, and a clean flip above it could trigger momentum toward $0.0473+.
This is a decisive zone — breakout or breakdown likely within next few candles.
Great setup for both scalpers and patient swing entries with well-defined stops.
📊 Trading Plan (LONG Bias if Bounce Holds):
🎯 TP1: $0.0426 | TP2: $0.0455 | TP3: $0.0473
🛡 Stop Loss: $0.0385
