$SPK

USDT BEARISH DOWNTREND CONTINUES – WATCH FOR REJECTION NEAR RESISTANCE ⚠️

The market structure on $SPKUSDT remains bearish as it continues to form lower lows and lower highs. Although a minor bounce is visible, it lacks strong bullish momentum to reverse the downtrend.

🔑 Key Levels

Support: $0.03530 (recent low zone)

Resistance: $0.03720 (nearest rejection area)

Current Price: $0.03644

📉 Trade Setup (Short)

Entry: $0.03680 - $0.03720 (wait for rejection confirmation)

Take Profit (TP):

TP1: $0.03600

TP2: $0.03550

Stop Loss (SL): $0.03760

📊 Market Outlook The downtrend is dominant with only weak relief bounces. Sellers remain in control unless price reclaims and holds above $0.03760 to invalidate the bearish bias.

⚠️ Risk Management Always use strict SL to protect capital. Avoid over-leveraging as volatility in micro-cap coins like SPK can be sharp and sudden.

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buy and trade here on $SPK