$SPK USDT short tread signal šŸš¦ šŸ›‘

BEARISH ENGULFING BREAKDOWN ā€” MOMENTUM TURNS SOUTH FAST šŸ”»

After repeated rejections from the $0.05000 resistance zone, $SPKUSDT has now confirmed a breakdown with a strong bearish engulfing move. Price is cascading downward with lower highs and increasing selling volume, signaling that downside continuation is likely.

šŸ”§ Trade Setup (Short):

Entry Zone: $0.04970 - $0.04700

Take Profit Targets:

ā€¢ TP1: $0.04620

ā€¢ TP2: $0.04484

Stop Loss: $0.05000

šŸ’¼ Market Outlook:

Momentum has shifted bearishly after multiple failures to breach the supply zone above $0.05000. With sellers gaining control and price rejecting key resistance, this downtrend is backed by structure and sentiment. Eyes on $0.04500 as the next key support.

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