$SPK USDT SETUP: REJECTION FROM SUPPLY ZONE MAY TRIGGER A DOWNSIDE MOVE
$SPKUSDT is showing signs of weakness after rejecting the 0.0430 supply zone, with strong bearish pressure reclaiming short-term control. This area has acted as a ceiling, and unless broken, the price is likely to revisit lower demand levels.
🔻Trade Setup – Short Trade Signal
Entry Zone: 0.04200 – 0.04250
Take Profit 1: 0.04050
Take Profit 2: 0.03980
Stop Loss: 0.04320
Risk Management: 2-3% of wallet, 10x leverage
📉Market Outlook:
Momentum has shifted bearish on the 30m timeframe after a sharp rally into resistance. Price has failed to break above the zone with follow-through, and the lower high pattern remains intact. Until bulls reclaim above 0.0435 with volume, sellers remain in control.
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buy and trade here on $SPK