$SPK /USDT BEARISH MOMENTUM BUILDING AS PRICE STRUGGLES BELOW RESISTANCE

Market Next Move:

SPK ($SPK/USDT) is showing clear signs of bearish pressure as it failed to sustain above the $0.042 zone and is now trading at $0.041435, down -1.36% on the day. The price dipped close to its 24h low of $0.038952 and continues to face rejection near $0.042270. With declining momentum and price hovering just above a critical support level, a breakdown below $0.039 could trigger a sharper selloff toward previous lows.

🔹Trade Setup:

Short Entry: $0.04150

Target 1 (TP1): $0.03950

Target 2 (TP2): $0.03800

Stop Loss (SL): $0.04250

Market Outlook:

The broader trend remains bearish unless bulls manage a breakout and close above $0.0425 with strong volume. Until then, SPK is vulnerable to further downside, especially if market sentiment remains weak and trading volume doesn’t pick up near support.

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