🔻
$SPK /USDT – Bearish Drift After Hype Burnout!
New DeFi Listing | Post-Launch Correction | Watch for Rebound Triggers
📉 Momentum Analysis:
SPK dropped -10.20%, slipping from its 24h high of $0.046849 to test support around $0.038341. The selling pressure has intensified, likely fueled by profit-taking and weak post-launch liquidity. Price is now hovering at $0.040256, with bearish continuation unless reclaimed levels hold.
🟩 Long Setup (Reversal Strategy – Volatility Alert):
Entry Zone: $0.0383 – $0.0402
Target 1 (T1): $0.0437
Target 2 (T2): $0.0464
Target 3 (T3): $0.0491
Stop Loss: $0.0365 (beneath prior wick low)
🔓 Breakout Confirmation Level: $0.0437
🧱 Key Support: $0.0383 (must hold to avoid deeper flush)
⚠️ Pro Tip for Traders:
New tokens like SPK often face post-launch dumps — don’t rush. Monitor order book stability around $0.0383–$0.0402. If volume surges on lower timeframes and $0.0437 is reclaimed, expect fast moves toward $0.046+. Caution advised below $0.0383 — may trigger cascading sell orders.
📊 SPK/USDT Trading Snapshot:
Current Price: $0.040256
24h High / Low: $0.046849 / $0.038952
24h Volume:
SPK: 411.06M
USDT: 17.32M
Order Book Depth:
$0.051777 ← Heavy Resistance
$0.049090
$0.046403
$0.043715 ← Breakout Watch
$0.041028
$0.040246 ← Bid Zone
$0.038341 ← Key Historical Support
🕐 Data Timestamp: 2025-06-20 23:00 UTC
#SPK #DeFiToken #USDT #NewListing #CryptoTradeSetup