🚨 $SPK USDT – From Hype to Fade? Bears Taking Over! 📉
After a massive spike to $0.0686, $SPK USDT has been in a steady downtrend. The price is now hovering around $0.0413, struggling to reclaim resistance. This pattern signals possible continued downside as selling pressure builds up.
📊 Trade Setup (Short Idea):
• Entry Zone: $0.0413 – $0.0420
• Take Profit 1 (TP1): $0.03650
• Take Profit 2 (TP2): $0.03080
• Take Profit 3 (TP3): $0.02198
• Stop Loss (SL): $0.05310
Failure to reclaim the $0.045 zone confirms weakness. Watch for volume drop and weak candle closes for entry confirmation.
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