🚨 $SPK /USDT – Rejection at Resistance, Eyeing Key Support!

Momentum Analysis:

$SPK faced rejection near the $0.041 resistance and is now pulling back. With -3.07% daily loss, short-term momentum has shifted bearish. However, strong volume (215.24M SPK) and a tight support range below offer a potential reversal zone.

📈 Long Setup (If support holds):

Entry Zone: $0.0370 – $0.0375

Targets:

T1: $0.0389

T2: $0.0405

T3: $0.0428

Stop Loss: Below $0.0365

🔍 Breakout Confirmation:

Level to flip bullish: $0.041 with strong volume

Key Support: $0.0370

💡 Pro Tip for Traders:

Watch for consolidation at $0.0375–$0.0370. If bulls defend this zone and push price above $0.0385 with increased depth, expect a rebound. If $0.0365 fails, wait for lower entries.

Current Price: $0.037845

24h High / Low: $0.041000 / $0.037354

Volume (SPK): 215.24M

Volume (USDT): 8.37M

Order Book Depth (Bid/Ask Range): $0.038894 – $0.037617

🕒 Updated: 2025-06-28 14:45 UTC

#SPK #DeFi #TradersLeague #USDT #BreakoutOrBreakdown 🚀📉