🚨 $SPK /USDT – 🚩 Short Play on Post-Pump Weakness? 🔻
The recent hype on $SPK couldn’t hold its ground – after peaking at $0.069, the price is slipping fast, now hovering around $0.046. Sellers are stepping in, and the chart is flashing signs of exhaustion. If the $0.045 support cracks, this could trigger a deeper correction.
🧨 Short Strategy: Ride the Breakdown
📍 Entry Range: $0.0462 – $0.0458
🎯 Target 1: $0.0438 — Minor support zone
🎯 Target 2: $0.0412 — Recent pivot area
🎯 Target 3: $0.0385 — Full retracement target
🛑 Stop-Loss: $0.0482 — Above local resistance
📊 Chart Notes:
Lower highs are stacking up
Volume drying up post-pump
4H RSI leaning bearish
💡 Setup Idea:
This isn't just a dip – it's a classic pump-and-fade structure. Smart traders may look to capitalize as momentum fades and sellers regain control. Patience and tight risk management are key.


