$SPK USDT SHORT TRADE SIGNAL 🔴 | BEAR FLAG BREAKDOWN IN PROGRESS — SELL PRESSURE DOMINATES
$SPKUSDT has formed a textbook bear flag on the 30-minute chart, followed by a rejection at resistance and now breaking down. The sharp drop from $0.046 to sub-$0.040 shows intense downside momentum. If price fails to reclaim the $0.0411 resistance area, further downside is highly probable.
📉 Trade Setup (SHORT)
Entry Zone: $0.04030 – $0.04038
Take Profit: $0.03793
Stop Loss: $0.04117
Margin: 2-3% of wallet
Leverage: 10x
📊 Market Outlook:
Momentum remains bearish with lower highs forming consistently. Volume supports the recent sell-off, and $0.0389 (24h low) is likely to be retested. Failure to hold could trigger a deeper drop. Price action must reclaim above $0.0412 for bulls to regain control — until then, bears rule.
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buy and trade here on $SPK