💥 $SPK

USDT BEARISH TURN AHEAD – SELLERS GAINING CONTROL!

The current price of $SPKUSDT is 0.039151, showing signs of exhaustion after a recent upward move. Price faced rejection below the resistance zone and is now forming a potential bearish structure on the 1H chart.

🔑 Key Levels:

Resistance: 0.040000 – 0.041000

Support: 0.037500

📉 Trade Setup (Short Entry):

Entry Zone: 0.039300 – 0.039600

Take Profit (TP): 0.038500 / 0.038000 / 0.037500

Stop Loss (SL): 0.040100

📊 Market Outlook:

The market is rejecting the resistance with strong wicks and declining momentum, suggesting potential downside continuation. Bears may dominate below 0.040000 as liquidity is swept and the trend resumes lower.

⚠️ Risk Management:

Always use 2-3% of your capital per trade, set stop loss strictly to protect from sudden volatility, and avoid over-leveraging in low market cap pairs.

🔻 Comment 🛑 if you expect more downside!

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buy and trade here on $SPK