$SPK USDT BEARISH REJECTION FROM RESISTANCE ZONE – SHORT SETUP ACTIVE
Price faced a sharp rejection from the 0.0445 resistance zone, confirming a strong supply area. After a fake breakout, the pair dropped back below the 0.0420 structure and is struggling to reclaim it. This indicates weakness and opens up potential for downside continuation unless bulls reclaim the upper zone quickly.
🔴 SHORT TRADE SETUP
Entry Zone: 0.04180 – 0.04220
Stop Loss: 0.04460
Take Profits:
• TP1: 0.04050
• TP2: 0.03950
• TP3: 0.03880
Leverage: 10x
Risk: 2-3% of capital
MARKET OUTLOOK:
SPKUSDT is showing signs of weakness below resistance, with a lower high structure forming. If price fails to break above 0.0422, sellers are likely to take control again. Watch for rejection candles in the entry zone for confirmation.
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buy and trade here on $SPK