🟢 $SPK USDT BULLISH CONSOLIDATION – BREAKOUT IMMINENT ABOVE RESISTANCE
$SPKUSDT is consolidating tightly below its key resistance, showing bullish intent with higher lows forming on the 1H chart. The current price is $0.038791, and a clean breakout could trigger strong upside momentum.
📊 Key Levels:
Current Price: $0.038791
Support: $0.03750 – solid intraday support zone
Resistance: $0.03995 – immediate breakout level (24h high)
📈 Trade Setup (Long):
Entry: $0.03880 – $0.03920 (on confirmed breakout with volume)
Take Profit 1: $0.04050
Take Profit 2: $0.04200
Stop Loss: $0.03720
💡 Market Outlook: The market is displaying bullish consolidation after recovering from lower levels. If bulls sustain pressure above resistance, a quick rally towards $0.04200 is likely. Watch for rejection wicks or volume drop as invalidation signs.
⚠️ Risk Management: Use only 1-2% of your capital per trade. Stick to stop loss to avoid fake breakouts and manage trades with discipline for consistent growth.
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buy and trade here on $SPK
💬 Comment 🟢 if you’re waiting for the breakout confirmation today!