Here is your professional Binance Square post for the given SPK/USDT chart:
$SPK USDT BULLISH RECOVERY – BOUNCE FROM SUPPORT SHOWS BUYING INTEREST!
SPK/USDT has formed a strong bounce from the 0.035166 support zone, indicating that buyers are actively defending this level. Current price action shows higher lows building up, suggesting a short-term bullish reversal if momentum continues.
🔰 Trade Setup
Entry (Long): 0.03600 – 0.03620
Targets (TP):
🎯 TP1: 0.03660
🎯 TP2: 0.03700
🎯 TP3: 0.03730
Stop Loss (SL): 0.03510
📊 Market Outlook:
Overall trend remains bearish on larger timeframes, but a strong intraday reversal is visible. Holding above 0.03600 will encourage buyers to push towards immediate resistances, while a drop below 0.03510 will invalidate this recovery setup.
✅ Risk Management:
Use tight SL and avoid over-leverage due to recent volatility and low liquidity spikes.
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