$SPK Short Trade Setup
Short Trade Setup:
Entry Price: $0.0458
TP 1: $0.0438
TP 2: $0.0412
TP 3: $0.0385
SL: $0.0482
Why this signal?
The SPK pump appears to have fizzled out, potentially setting up a short trade opportunity. After a rapid climb to 0.069, SPK has experienced a sharp retracement, now trading around 0.046 on the 4-hour chart.
Momentum is clearly fading, with multiple lower highs forming, indicating that bears are gaining control. If the 0.045 support level breaks, short sellers might find a favourable entry.
Buy and trade $SPK