#MyTradingStyle Attention⚠️ please SPK Is Going Fire🔥🔥 💯 Here's the **technical analysis** of the SPK/USDC

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### 📉 Current Market Summary:

* **Current Price:** 0.046566 USDC

* **24h Change:** -17.61% (Bearish)

* **24h High:** 0.059120 USDC

* **24h Low:** 0.046164 USDC

* **24h Volume (SPK):** 113M SPK

* **MA60:** 0.046861 USDC (Moving Average over 60 intervals)

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### 📊 Price Action Analysis:

* The price has sharply dropped and is **currently below the MA60 line**, signaling **bearish momentum**.

* A **price spike** occurred earlier (brief rally), but it quickly retraced, forming a **classic pump-and-dump** structure.

* The current price is **just above the 24h low**, which suggests **weak buying pressure** and possibly more downside.

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### 📈 Volume & Momentum:

* **Volume Spike Early:** A large volume bar correlates with the peak, indicating strong short-term interest or exit activity.

* **Low Volume Now:** Current volume is very low, suggesting weak momentum and likely consolidation or further dip.

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### ✅ Suggested SL (Stop Loss) and TP (Take Profit):

#### 🔻 **Stop Loss (SL):**

* **Set SL just below 0.04600 USDC**

* Reason: 0.046164 is the 24h low. If broken again, more downside is likely.

#### 🟢 **Take Profit (TP):**

* **Conservative TP:** 0.04750 (near resistance from earlier highs)

* **Aggressive TP:** 0.04880 to 0.05000 (previous minor peak)

* Reason: These are key resistance levels seen during the earlier spike and pullback.

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### 📌 Signal Summary:

* **Current Trend:** Bearish

* **Entry at current price** is risky unless scalping a bounce.

* If already holding:

* **Consider exiting or reducing position**.

* Watch 0.046 for support—if that breaks, more loss risk.

* If planning entry:

* **Wait for confirmation** (price stabilizing above MA60 or bullish candle + volume).

#GENIUSActPass #FOMCMeeting $SPK

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