$SPK /USDT BEARISH SLIDE CONTINUES ā WATCH FOR FURTHER WEAKNESS! ā ļøš
š Technical Analysis:
$SPK /USDT is under heavy selling pressure, down -13.70%, currently trading at $0.037296. After failing to hold above the $0.0400 zone, it has broken key intraday supports, indicating bearish continuation.
š Key Levels:
Resistance:
š¼ $0.0385 (minor)
š¼ $0.0405 (major rejection level)
Support:
š½ $0.0368 (current minor support)
š½ $0.0360 (major demand zone)
š½ $0.0345 (potential breakdown target)
š¼ Trade Setup (SHORT)
š Entry: $0.0372 - $0.0378
šÆ Targets:
TP1: $0.0368
TP2: $0.0360
TP3: $0.0345
š Stop Loss: $0.0392 (above key resistance area)
š§ Risk Management:
Use 1-2% risk of total capital. Stick to your SL to protect your account. Book profits at TPs incrementally to reduce exposure. Discipline is key in a volatile market! šš¼
šØ No signs of bullish reversal yet ā let the trend guide you!
#SPKUSDT #CryptoBearish #ShortSetup #RiskControl #DeFiAnalysis #Write2Earn $SPK