$SPK USDT – SHORT TRADE SIGNAL AFTER REJECTION FROM LOCAL HIGH

REJECTION FROM $0.03048

BEARISH CANDLE FORMING NEAR KEY RESISTANCE

$SPK faced a rejection at $0.03048 after a sharp upward move. Despite strong volume, price is now pulling back from the resistance zone while sitting just above the 7MA. If the support around $0.03025 breaks, further downside may follow.

Trade Setup:

• Short Entry: $0.03025 – $0.03035

• Targets (TP): $0.03000 / $0.02970

• Stop Loss (SL): $0.03055

Short Outlook:

Failure to reclaim $0.03048 could trigger profit-taking. Watch for confirmation below $0.03025 for continuation.

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