๐จ $SPK USDT Bearish Trading Signal (Futures)
(Short-Term Technical Outlook)
๐ 24-Hour Price Overview:
Current Price: 0.07339
24h High/Low Not Shown โ Using Current Trend Data
๐ Bearish Technical Indicators:
Trend: Weak price action, struggling to hold recent highs
Resistance Zone: 0.07450 โ 0.07500
Support Levels: 0.07250 โ 0.07100 โ 0.06880
Volume: Likely decreasing on upward moves
RSI: Approaching neutral zone or dropping
MACD: Bearish crossover expected or forming
Bollinger Bands: May be squeezing = upcoming move, likely down if volume confirms
๐ป Bearish Price Targets:
Target 1: 0.07250
Target 2: 0.07100
Target 3: 0.06880
Target 4: 0.06700
Extra Target: 0.06550 (if high sell pressure continues)
๐ Safe Zone for Partial Exit:
If price hits 0.07150 โ 0.07080, partial profit-taking recommended.
๐ฏ Trade Setup โ Short Position:
Entry Zone: 0.07300 โ 0.07350
Stop-Loss: 0.07520
Hold Range: Watch below 0.07200 for breakdown confirmation
๐จ Conclusion:
$SPK is showing signs of short-term bearishness. As long as price stays below 0.07450 resistance, short position is favorable with solid downside targets. Watch sell volume closely for confirmation.