🔹 SPK – Analysis and trading strategy for June 18
1. Overview
• Current price (June 18): ~0.0558 USDT
• Main trend: Slight decrease after the sale and airdrop phase, no clear recovery signal yet
• Warning: If BTC drops sharply below 100,000, the entire altcoin market, including SPK, may be pulled down more strongly – strict adherence to SL is required
2. Trading strategy
🔸 Spot trading:
• Do not recommend buying at this time
• Temporarily stay out and observe
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🔸 Future trading:
🔻 Short (priority):
• Entry: 0.0559
• Stop-loss: 0.0565
• Take-profit: 0.0535
Reason: The price is moving sideways in a downtrend after a strong sell-off from the high zone. The 0.0559 area is a nearby and reasonable resistance level to enter a short position according to the trend, with low risk.
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🟢 Long (not recommended, only enter if there is a clear signal):
• Entry: 0.053
• Stop-loss: 0.0525
• Take-profit: 0.0543
Note: This strategy applies only if there is a clear reversal signal at support 0.053. If there is no confirmation candle or BTC fluctuates negatively, do not enter a position.
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3. Conclusion
• Prioritize shorting according to the trend, do not fomo Long when there is no clear confirmation
• Spot should stay out, avoid getting caught in a downtrend
• Strictly adhere to SL to avoid risks during the period when altcoins are heavily affected by BTC
