$SPK

USDT BEARISH PRESSURE CONTINUES – WILL SUPPORT BREAK SOON?

$SPKUSDT is under heavy selling pressure after a sharp breakdown, currently trading at 0.034308. The price is consolidating near its intraday lows, suggesting a potential continuation of the downtrend if buyers fail to step in.

🔑 Key Levels:

Support: 0.03380

Resistance: 0.03550

Current Price: 0.034308

🎯 Trade Setup (Short):

Entry Zone: 0.03430 – 0.03450

Targets: TP1: 0.03400, TP2: 0.03380, TP3: 0.03350

Stop Loss: 0.03500

📉 Market Outlook: Momentum remains strongly bearish on the 15m timeframe. A breakdown below 0.03380 could trigger further declines as sellers remain in control.

⚠️ Risk Management: Always trade with strict discipline. Use stop losses and risk only 1-2% per position to protect your capital against unexpected reversals.

buy and trade here on $SPK

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