$SPK USDT BEARISH SETUP: REJECTION SIGNALS POSSIBLE FURTHER DOWNSIDE

SPK

USDT is struggling to sustain above 0.03100, facing continuous rejections near its recent high of 0.031325. The current price action at 0.030991 suggests sellers are stepping in aggressively to defend resistance levels, indicating a potential continuation of the bearish trend in the short term.

🔻 TRADE SETUP (SHORT):

Entry: 0.03100 – 0.03120

Targets:

TP1: 0.03060

TP2: 0.03020

Stop Loss: 0.03140

📊 MARKET OUTLOOK: Momentum remains weak with lower highs on the 15m chart. Unless buyers break above 0.03140, SPKUSDT is likely to retest its recent support zones near 0.03020 in the coming sessions.

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buy and trade here on $SPK