$SPK USDT BEARISH BREAKDOWN SIGNAL — SUPPORT HAS TURNED INTO RESISTANCE
$SPKUSDT has lost the key support near the $0.05000 level, which has now flipped into resistance. After repeated rejections at that zone, price has formed lower highs and is currently consolidating below it — signaling weakness. Bears are tightening their grip, and a further drop is likely if $0.04600 fails to hold.
Trade Setup: Short Trade Signal 🔴
Entry Point: $0.04800 - $0.04750
Stop Loss: $0.05020
Take Profit:
➤ TP1: $0.04500
➤ TP2: $0.04200
➤ TP3: $0.03850
📉 Market Outlook: Overall market structure shows fading volume on bounces and increasing sell pressure at resistance. Sellers are dominant, and until buyers reclaim the $0.050 zone, any upward moves may face rejection.
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