$SPK /USDT – Giant Candle Retrace! ⚠️🚀
Current Price: $0.061 (+510.00%)
24H High: $0.069 | 24H Low: $0.010
📉 After a massive 500% vertical breakout, $SPK is now showing signs of early consolidation and short-term rejection from the highs.
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📊 Market Structure:
Initial impulse candle was historic.
Currently ranging between $0.057 – $0.063.
Some profit-taking is visible near $0.065 zone.
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📌 Key Levels:
Resistance: $0.0690
Support Zone: $0.0530 – $0.0570
Critical Level: Break above $0.0645 could signal another leg up.
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🎯 Trade Setup:
Entry Zone: $0.058 – $0.060 (scalp range)
TP1: $0.066
TP2: $0.072
SL: Below $0.0535
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💡 Pro Tip: Let the low timeframe range build structure before re-entry. Don’t chase after a candle like that without confirmation — volume spikes ≠ sustainable moves unless backed by trend continuation.
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⚠️ The next few candles will decide if this was just a flash pump or a true breakout. Watch closely for bullish engulfing or retest setups.
$SPK could fly again – but only the smart will catch the next wave.
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