$SPK USDT Short Trade Alert – Bearish Continuation Setup
📉 Key Levels & Trade Setup
- Resistance Zone: 0.03218 - 0.03260 (Rejection confirmed)
- Entry Zone: 0.03209 - 0.03218 (Optimal short entry)
- Stop Loss: 0.03260 (Above swing high)
- Take Profit: 0.03066 (Next support level)
- Leverage: 10x | Risk: 2-3% of capital
🔍 Why This Trade?
✅ Downtrend Continuation: Price rejected at resistance again, confirming bearish bias.
✅ Lower Highs Structure: Sellers remain dominant as bounces get sold.
✅ Previous TP Hit: Market validated bearish momentum with successful prior short.
📊 Confirmation Signals (Watch For):
- Break below 0.03200 (Confirms continuation).
- Increasing sell volume on downward moves.
- RSI holding below 50 (Maintains bearish pressure).
⚡ Trade Execution Plan
1. Enter short between 0.03209 - 0.03218.
2. Stop Loss at 0.03260 (Invalidates bearish structure).
3. Take Profit at 0.03066 (Partial exits recommended).
⚠️ Risk Warning
- A strong close above 0.03260 could shift momentum bullish.
- Trade responsibly – Avoid overleveraging near key levels.
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