๐ $SPK โ Rebounding from the Depths: Micro-Rally Brewing!
After bottoming out at $0.035205, $SPK has ignited a potential reversal with a strong bullish engulfing candle on the 1H timeframe โ a clear signal that selling pressure might be fading and buyers are stepping in.
๐ Long Trade Setup:
Entry Zone: $0.0371 โ $0.0375
Target 1: $0.0384
Target 2: $0.0393
Target 3: $0.0407
Stop Loss: Below $0.0362
๐ Technical Snapshot: A shift in momentum is underway โ early demand is surfacing, and price action suggests a possible short-term trend reversal. Holding above the $0.037 key zone could fuel a slow grind upward toward resistance. Tight risk control with a well-placed SL keeps this play sharp and strategic.
๐ฏ Eyes on the breakout โ momentum is the name of the game.