$SPK

USDT BEARISH BREAKDOWN – GRAVITY IS STRONGER THAN BUYERS 🚨

$SPKUSDT has plunged sharply, now trading at 0.03679, marking a 14.67% drop. Sellers remain dominant as price breaks key supports with strong bearish candles.

🔑 Key Levels:

Resistance: 0.04000 – 0.04200 (major rejection zone)

Support: 0.03650 (immediate), next strong support at 0.03400

📉 Trade Setup (Short Entry):

Entry Zone: 0.03720 – 0.03780

Take Profits:

TP1: 0.03650

TP2: 0.03500

TP3: 0.03400

Stop Loss: 0.03900

📊 Market Outlook: Momentum is aggressively bearish on the hourly timeframe. The lower lows and lower highs formation with increasing red candle volume suggest continuation down to 0.03400 if 0.03650 fails to hold.

⚠️ Risk Management: Risk only 1-2% per trade. Confirm breakdown retest before entries to avoid getting caught in minor relief bounces.

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