$SPK /USDT – BEARISH BREAKDOWN UNDER KEY SUPPORT ⚠️📉

$SPK /USDT has turned bearish after a strong rejection from overhead resistance and a breakdown below critical support! 🚨

📍 Current Price: $0.045937

🔻 24h Change: -8.43

📊 Key Technical Levels:

Major Resistance:

🔼 $0.0510 – Recent swing high & breakdown point

🔼 $0.0600 – Psychological & historical rejection level

Key Supports:

🔽 $0.0450 – Immediate support (being tested now)

🔽 $0.0430 – Next demand zone

🔽 $0.0390 – Strong historical support zone

🔥 Trade Setup – SHORT ENTRY IDEA:

💣 Entry: $0.0455 – $0.0460 (on bearish retest of broken support)

🎯 Targets (TP):

TP1: $0.0430

TP2: $0.0390

🛑 Stop Loss (SL): $0.0512 (above resistance and last high)

🛡 Risk Management Tips:

Risk only 1–2% of your capital per trade

Maintain risk-reward ratio ≥ 1:2

Always use SL to protect capital 🧠💰

🔍 Watch closely for volume confirmation and price reaction at the $0.0450 zone. If bulls fail to defend, further downside is likely! 🐻📉

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