⚠️ $SPK /USDT 🚩– Bearish Setup in Play! Time to Short the Hype Fade
After an explosive debut that pushed SPK to a peak of $0.06900, the momentum is starting to stall. The recent dip to $0.06110 signals potential exhaustion among early buyers, and the chart is now flashing early warning signs of a deeper correction ahead.
🔻 Short Trade Idea:
Entry Zone: Around $0.06110
Take Profit 1 (TP1): $0.04590 – Mid-level support from earlier price action.
Take Profit 2 (TP2): $0.03300 – Strong support zone and a likely bounce area.
Stop-Loss: Above $0.06900 – Protect against a breakout beyond the recent top.