$SPK USDT – BEARISH REVERSAL AFTER SPIKE? STRONG REJECTION FROM TOP

SHARP RALLY INTO RESISTANCE ZONE

MACD SHOWS OVEREXTENSION – COOL-OFF LIKELY

$SPK surged to $0.03127 with a massive green candle, but the sudden halt suggests exhaustion. On the 15-minute chart, the wick indicates profit-taking pressure. MACD is elevated with a sharp rise in histogram bars — often signaling a temporary top before pullback.

Short Entry: $0.03127

Target 1 (TP): $0.03075

Target 2 (TP): $0.03012

Stop Loss (SL): $0.03170

Unless bulls sustain follow-through above $0.0315, a short-term correction is highly probable.

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