$SPK

USDT BEARISH MOMENTUM – WILL SUPPORT BREAK SOON?

$SPKUSDT is currently trading at 0.03197 (-7.85%), showing strong bearish pressure after a sustained downtrend. Sellers are in clear control, pushing price to test immediate support levels.

🔑 Key Levels:

Resistance: $0.03350 – $0.03500

Support: $0.03165 (immediate) and $0.03000 (major psychological support)

📊 Trade Setup (Short):

Entry Zone: $0.03210 – $0.03190

Targets (TP):

TP1: $0.03100

TP2: $0.03000

TP3: $0.02850

Stop Loss: $0.03350 (above recent swing high)

📉 Market Outlook: The trend remains strongly bearish on the 1H timeframe with lower highs and lower lows. If $0.03165 support fails to hold, we could see quick downside continuation towards $0.03000. Volume remains consistent with the downtrend, suggesting strong seller commitment.

⚠️ Risk Management: Always use stop-loss protection to avoid unexpected reversals. Limit position sizing to 1-2% risk per trade for disciplined capital preservation.

buy and trade here on $SPK

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