$SPK USDT short tread signal 🛑
BEARISH REVERSAL – SHORT BEFORE THE DROP DEEPENS
The recent bullish spike has swiftly rejected near resistance at 0.03237, forming an aggressive wick rejection, indicating strong seller dominance above. Price is now consolidating below this resistance, hinting at a potential bearish reversal as momentum weakens.
🔻 Trade Setup:
Entry Zone: 0.03195 – 0.03210
Take Profit 1: 0.03150
Take Profit 2: 0.03110
Stop Loss: 0.03240
📉 Market Outlook:
SPKUSDT failed to hold above its recent breakout zone, confirming resistance rejection. The 30m structure shows a weakening bullish attempt with lower high formations. If bearish momentum sustains below 0.03210, expect a clean move down to previous demand levels.
✍️ Comment 🔻 if you’re eyeing this short setup today!
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buy and trade here on $SPK