Here’s a professional technical analysis post based on your SPK/USDT chart:
$SPK USDT BEARISH MOMENTUM BUILDING — SELLERS STILL IN CONTROL 🔻
$SPK USDT is showing consistent lower highs and lower lows on the 15m chart, with strong bearish pressure keeping price under the 0.040330 resistance. RSI is deeply oversold at 24, yet no recovery volume confirms buyer interest. Momentum indicators (MACD and DIF) stay weak, suggesting sellers remain dominant.
🔴 SHORT TRADE SIGNAL
Entry Point: $0.04030 - $0.03990
Stop Loss: $0.04140
Take Profit Targets:
→ TP1: $0.03880
→ TP2: $0.03790
→ TP3: $0.03650
Margin: 2-3% of wallet
Leverage: 10x
🔍 Market Outlook:
With volume declining on green candles and RSI unable to climb above 30, downside continuation is favored. As long as price stays under MA(10), bears will likely push SPK lower into support zones.
#SPKUSDT #CryptoTrading #BearishSignal #Altcoins #ShortTradeSetup
buy and trade here on $SPK