#SparkBinanceHODLerAirdrop :
SPK/USDT Faces Sharp Decline Amid Market Volatility
As shown in the 15-minute candlestick chart from Binance, SPK/USDT has experienced a significant downturn, currently trading at $0.0476, down 16.78% in the last 24 hours. The token hit a 24h low of $0.047077 and a high of $0.061, reflecting strong selling pressure.
The EMA indicators reinforce a bearish trend:
EMA(7): $0.048395
EMA(25): $0.050726
EMA(99): $0.054504
All shorter EMAs remain below the longer-term average, confirming downward momentum. The MACD indicators also signal bearish sentiment with negative values across DIF, DEA, and MACD histogram.
With a 24h volume of 1.45B SPK, investor activity is high, likely driven by volatility and potential stop-loss triggers. Until stronger support levels are established, caution is advised for short-term traders.