$SPK USDT BEARISH TRADE SIGNAL – PRICE BREAKDOWN ACCELERATES UNDER HEAVY SELL PRESSURE 🔻
$SPKUSDT is facing a steep decline, down over -11% with extreme bearish momentum. RSI has plunged to 16, showing highly oversold conditions, while MACD remains negative and widening — confirming continued downward pressure. Price has broken below key supports, hinting at further downside before any meaningful recovery.
🔻 Trade Setup (Short):
Entry Zone: 0.0435 – 0.0420
Take Profit Targets:
• TP1: 0.0400
• TP2: 0.0370
• TP3: 0.0345
Stop Loss: 0.0462
Leverage: 10x
Risk: 2-3% of wallet
📉 Market Outlook:
Momentum remains heavily bearish with no immediate sign of reversal. Volume is steady on the sell side, and moving averages are trending lower. Expect continued downside unless SPKUSDT reclaims the 0.045 resistance range decisively.
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buy and trade here on $SPK