$SPK

USDT BEARISH BREAKDOWN – PRICE SLIPPING TOWARDS STRONG SUPPORT

SPKUSDT is showing a clear bearish momentum as price continues to decline on the 1H chart. Sellers have dominated recent candles, pushing it close to its support zone, indicating further downside potential if this level fails to hold.

🔑 Key Levels:

Current Price: $0.03988

Support: $0.03970

Resistance: $0.04200

🎯 Trade Setup (Short):

Entry Zone: $0.03980 – $0.04020

Take Profit 1: $0.03950

Take Profit 2: $0.03910

Stop Loss: $0.04120

📉 Short Market Outlook:

Bearish pressure remains dominant with lower highs forming consistently. If the support at $0.03970 breaks decisively, SPKUSDT could accelerate downwards towards the $0.03910 region. Buyers must wait for clear reversal confirmation before entering long.

⚠️ Risk Management:

Risk only 1-2% per trade. Always use stop loss and avoid emotional trading to protect your capital in these volatile moves.

💬 Comment “🔥” if you caught this bearish setup and share your targets below!

#SP #SPKUSDT #cryptotrading #TechnicalAnalysis #BearishSetup

buy and trade here on $SPK