Trend: Bearish 🔻 – Caution Advised!

$SPK 💯🔥

is under selling pressure, down -11.81%, and trading near $0.0319, just above its 24h low of $0.0316. Momentum and indicators suggest continued weakness in the short term.

Entry Zone (Short Position):

📍 $0.0328 – $0.0335 (ideal rejection zone for re-entry)

Bearish Targets 🎯

✅ Target 1: $0.0305

✅ Target 2: $0.0289

Stop Loss 🚫

🔺 Above $0.0348 (recent local resistance)

Technical Signals:

🔹 MACD still bearish with no crossover

🔹 RSI hovering in the mid-lower zone

🔹 Price below moving averages, confirming downtrend

SPK could head lower if resistance at $0.0335 holds. Watch volume and price rejection closely before entry. 📉

#SPK #Binance #CryptoAnalysis