SPK Market Update

📉 Price: $0.047949 (▼4.03%)

📊 Timeframe: 15m Chart | Exchange: Binance

📈 Technical Analysis: Follow my square 👈

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SPK is currently trading at $0.047949, showing a minor pullback after hitting resistance near $0.061 earlier. The price recently bounced from a local support around $0.04608, which also aligns with the lower Bollinger Band – suggesting temporary overselling.

Bollinger Bands are tight, hinting at an upcoming volatility spike.

MACD is starting to cross bullishly above the signal line, signaling potential upward momentum.

RSI (6) at 60.61 indicates neutral-to-bullish sentiment — not overbought yet, room to move higher.

Volume remains moderate; no major breakout confirmation yet.

If SPK can break above the middle Bollinger band (~$0.0472) and hold, we might see a retest of $0.05–$0.052 levels.

📢 Fundamental Overview:

SPK is gaining traction as part of a growing DeFi ecosystem. With increasing on-chain activity and strong community support, the token has seen a steady rise in volume — 770M SPK traded in the last 24h, alongside $38.39M in USDT volume.

Upcoming developments or news could act as catalysts, so keep an eye on project announcements or partnerships.

🧠 Conclusion:

SPK is at a critical zone — short-term traders might look for a breakout confirmation above $0.048, while cautious traders may wait for stronger bullish signals. Fundamentals remain solid, and the market is watching closely.

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