bullish technical analysis post for $SPK
/USDT, featuring trade setup, market insight, and key price levels:
⚡️ $SPK /USDT – Bullish Opportunity on Dip
SPK has pulled back to a strong demand zone, now trading at $0.04193 (-4.47%), making it a potential entry point for buyers. The price is holding above critical support with visible buy orders building near $0.04000.
🔹 Trend: Bullish Reversal Potential
🔹 Entry Zone: $0.0400 – $0.0420
🔹 Recent High: $0.0500
🔹 Support Zone: $0.0400 – $0.0387
🎯 Target 1: $0.0455
🎯 Target 2: $0.0498
🛡 Stop Loss: $0.0385
📌 Key Insight:
SPK is showing signs of bottoming out after testing lower levels. If bulls defend $0.0400 and reclaim $0.0430, a move back toward $0.0500 is likely. Watch for buying volume around $0.0415 to confirm the bounce.