$SPK /USDT BEARISH CONSOLIDATION – DOWNSIDE RISK LOOMING ⚠️📉
SPK is trading at $0.03604 (-0.68%) and struggling to reclaim upper resistance zones. Price action is weak, and failure to bounce from current levels may open doors for a deeper dip. ⏳
🔍 KEY LEVELS:
📌 Resistance Zones:
🔺 R1: $0.03730 (24h High)
🔺 R2: $0.03950
🔺 R3: $0.04200
📌 Support Zones:
🔻 S1: $0.03500 (Near-term support)
🔻 S2: $0.03300
🔻 S3: $0.03000 (Key psychological level)
📊 TRADE SETUP: SHORT ENTRY
📥 Entry Zone: $0.03600 – $0.03650
🎯 Target 1 (TP1): $0.03500
🎯 Target 2 (TP2): $0.03300
🛑 Stop Loss (SL): $0.03780
💰 RISK MANAGEMENT:
⚖️ Use strict SL to avoid traps
📉 Risk 1–2% max of total capital
📊 Trail profits once TP1 is hit
🚨 A break below $0.035 could accelerate the selloff – stay cautious & trade with discipline!
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