๐จ $SPKUSDT Market Update โ Critical Zones to Watch! ๐จ
๐ Current Price: $0.05702
๐ด 24H Drop: -7.88%
๐ Timeframe: 15-Min Chart
๐ Key Support & Resistance Levels:
๐ก๏ธ Support Zone: $0.05520 โ $0.05460
This is where buyers previously stepped in hard โ price wicked down to $0.05102 but bounced back quickly. Holding this zone is CRUCIAL for bulls.Otherwise a free fall below $0.04 is very much possible โ๏ธ
๐ผ Resistance Zone: $0.06107 โ $0.06250
Heavy selling pressure above $0.06107. A breakout above $0.06250 could trigger a sharp move back toward $0.07 range and higher!
๐ Volume is fading slightly, showing caution among traders.
๐ MA(5) and MA(10) are both sloping downward โ still in short-term bearish pressure.
๐ง Trade Idea:
โ Bulls should watch for a bounce from support and a potential retest of resistance.
โ Bears may look for rejection at $0.061+ to short with tight stops.
๐ Decision Time: Bounce or Breakdown?
โ ๏ธ Stay sharp โ this range wonโt last forever! One breakout could change the momentum entirely!