$SPK /USDT – BEARISH REVERSAL IN PLAY 🚨📉
SPK is down -19.10%, currently trading at $0.03838, struggling to hold above key support levels. With a fading bounce and heavy sell volume, momentum favors a deeper correction unless bulls step in aggressively.
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🔍 KEY LEVELS
Resistance:
🔴 $0.04100 – Immediate ceiling
🔴 $0.04745 – 24h High
🔴 $0.05100 – Major barrier zone
Support:
🟢 $0.03700 – Near-term support
🟢 $0.03607 – 24h Low
🟢 $0.03000 – Strong demand base
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💣 TRADE SETUP – SHORT ENTRY IDEA
🔽 Entry: $0.03850 – $0.04050 (on weak bounce)
🎯 TP1: $0.03700
🎯 TP2: $0.03600
🎯 TP3: $0.03000
🛡️ SL: $0.04250
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📌 RISK MANAGEMENT
💼 Risk 1-2% max of your capital
🔐 Use stop-loss strictly
📈 Scale out profits at each target
🧨 New tokens + falling prices = high volatility. Trade wisely.
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