Buddies $SPK Erupts with 490% Move Caution or Continuation❓❓❓$SPK has exploded from the depths of $0.010 to a peak of $0.069 in a single aggressive candle, printing a staggering 490% surge within one hour. Price is now consolidating near $0.059, suggesting either a short cooldown or preparation for another spike.
Observation:
• Initial breakout shows massive buy-side pressure with little resistance
• Order book is heavily skewed (89.83% sell-side) early profit-taking is visible
• Volume spike and vertical movement signal a potential listing-related event or news catalyst
Short-Term Plan (High Risk/High Reward):
• Only aggressive traders should consider entries near $0.0580–$0.0600 with tight risk control
• Potential re-test zone: $0.0450
• If momentum returns, watch for $0.072–$0.080 as speculative upside
Risk Alert:
This is a highly speculative zone. SPK is showing signs of exhaustion post-parabolic rally. Wait for confirmation or deeper pullbacks if you’re planning for continuation trades.
