The $SPK coin exploded today with a shocking increase of +411.91% to reach $0.05119 after starting at only $0.01000!
But… after this rocket jump, the price started to settle down, is this just a warrior's rest? Or are we facing hidden distribution? Let's analyze the scene carefully. 👇
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📊 Quick technical reading:
💥 Instant peak at $0.06900 then a steady decline towards $0.05100.
⚠️ RSI at only 29… A signal that the price is in the oversold area, and a rebound may be coming.
❌ Clear absence of MACD signals, increasing ambiguity in the upcoming movement.
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⚖️ Is buying now a smart decision?
✅ Opportunity if:
Aiming for a quick rebound after taking profits.
Set a stop loss below $0.04500 to protect capital.
Depends on RSI and Stoch indicators to gain short-term entry points.
❌ Risk if:
Assumes the explosion will continue without technical support or new liquidity.
Enter with full liquidity at moments of high volatility.
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📢 The final word:
The SPK coin has achieved a historical rise, but as we know… what rises quickly may also fall quickly!
If you are thinking of entering now, watch the liquidity, monitor the RSI, and wait for a clear technical confirmation.
What do you think? Do we see $0.070 again? Or is the peak behind us? Share your analysis 👇
