🚨 $SPK
USDT BEARISH BREAKDOWN – SELL PRESSURE DOMINATES 🚨
$SPKUSDT continues its steep downtrend with no signs of reversal as sellers push it to fresh lows. Momentum remains aggressively bearish, and a further breakdown is expected if support fails to hold.
🔑 Key Levels
Support: $0.035410 (recent 24h low)
Resistance: $0.038000 (previous rejection zone)
Current Price: $0.035454
🎯 Trade Setup (Short)
Entry Zone: $0.035500 – $0.035400
Take Profit Targets:
TP1: $0.034800
TP2: $0.034200
Stop Loss: $0.036200
📉 Market Outlook
Momentum: Strong bearish continuation.
Trend: Clear downtrend with consecutive lower highs and lower lows on the hourly chart.
Important: Break below $0.035410 will accelerate the sell-off towards deeper support zones.
⚠️ Risk Management Always risk only 1-2% of your capital per trade. Avoid emotional entries; wait for a retest near entry zone with confirmation.
💭 Do you expect SPK to reverse soon or continue this fall? Comment your view below 👇
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buy and trade here on $SPK