$SPK

USDT BEARISH BREAKDOWN ā€“ WEAKNESS SHOWING BELOW CRUCIAL SUPPORTS šŸšØ

Current Price: $0.030055

$SPKUSDT is currently trading with mild bearish pressure after failing to reclaim upper resistance levels. The price has been unable to hold above $0.0310, indicating potential downside continuation in the short term.

šŸ”‘ Key Levels:

Resistance: $0.0310 ā€“ $0.0315

Support: $0.0300 (immediate), further strong support near $0.0290

šŸ“Š Trade Setup (Short):

Entry Zone: $0.0300 ā€“ $0.0302

Targets:

TP1: $0.0295

TP2: $0.0290

Stop Loss: $0.0312

šŸ’” Market Outlook:

Overall trend remains slightly bearish as the price is forming lower highs and struggling to maintain bullish momentum. A breakdown below $0.0300 could trigger accelerated selling pressure towards $0.0290 support.

āš ļø Risk Management:

Always use stop-loss to protect capital. Limit exposure to 1-2% of your portfolio per trade, as the market volatility can lead to sharp reversals.

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