Trade Signal for $SPK /USDT (Short Trade Bearish Continuation)
Entry Zones:
1. Aggressive: $0.0400 - $0.0410 (Pullback to minor resistance)
2. Conservative: $0.0420 - $0.0430 (Near 24h High rejection zone)
Targets (Take Profit):
TP1: $0.038952 (24h Low, immediate support)
TP2: $0.037000 (Psychological level below 24h Low)
TP3: $0.035000 (Extended downside if breakdown accelerates)
Stop Loss (SL): $0.0469 (Above 24h High for safety)
Bearish Rationale:
1. Downtrend Confirmed: Price down -5.95%, showing strong selling pressure.
2. Resistance Zone: Unlikely to break $0.0420+ easily after sharp drop.
3. Volume Support: 487M SPK / $20.79M USDT volume confirms active selling.
Confirmation Needed:
Bearish reversal patterns (shooting star, engulfing) near $0.0400-$0.0420.
RSI below 50 (or oversold if <30 for potential reversal warning).
Trade here 👉🏻 $SPK
