$SPK /USDT – NEW TOKEN❗ BIG VOLATILITY❗ CAN SUPPORT HOLD❓SPK just launched with a bang, soaring to $0.069, but it's now down to $0.04201 (-9.21%) as traders take profit. 🚩🚩 The 12H chart shows clear post-launch correction after that early hype pump 📉🚨
SPK is pulling back hard but still holding above its 24H low of $0.04048. Volume remains strong (452.3M SPK / 19.5M USDT), meaning the market’s still active during this dip.
📊 Key Levels:
📉 Support: $0.04048 (watch closely!)
📈 Resistance: $0.04599 → $0.04712
🔮 Possible Moves Ahead:
1️⃣ Hold & Consolidate near $0.040–$0.042 → Base building
2️⃣ Breakdown below $0.04048 → Retest earlier launch zones
3️⃣ Quick Bounce? Needs strong green candle with volume
✨ Insight: Typical post-launch pullback in progress. Stability here = foundation for next leg. But if $0.040 breaks, expect more downside.
New tokens = high risk, high reward. Manage risk tight.
Buy and Trade $SPK