$SPK 🎀📛‼️ Resistance Is Strong: SPK Struggling to Break Free! ♨️❓

Spark (SPK) is hitting a wall of relentless resistance that’s capping every attempt to push higher. The chart shows repeated rejections right at key levels, with thick sell walls stacked in the order books. Each bounce fades quickly as large holders seize the chance to unload positions, draining momentum and frustrating bullish traders. This is a textbook environment where caution pays.

Technical indicators confirm the struggle. RSI is rolling over after testing overbought territory, signaling that buyers are running out of steam. Volume spikes during failed breakouts show that sellers are stepping in aggressively to defend these levels. On-chain data paints the same picture—exchange inflows are rising as more SPK is moved to trading accounts, ready to be dumped into any short-lived rallies.

Unless SPK can produce a decisive move above resistance backed by strong volume and conviction, the probability of further retracements remains high. Each failed push higher adds pressure and increases the risk of a deeper correction as traders lose confidence.

Stay disciplined and don’t chase green candles without confirmation. Resistance is strong, and this market is unforgiving to complacent entries. Manage your risk carefully—SPK is at a critical juncture where patience and clear signals will make all the difference. 📛📛📛