🚨 $SPK /USDT Breakdown in Play!
After getting rejected at $0.03560 and slipping out of its ascending channel, $SPK is showing clear signs of bearish pressure. Sellers are taking control, with multiple upper wicks and fading bullish momentum confirming the shift.
🔻 Short Trade Setup:
• Entry: 0.035050
• Stop Loss: 0.036180
• Targets:
– TP1: 0.03450
– TP2: 0.03403
– TP3: 0.03355
• Leverage: 10x
• Risk: 2–3% of wallet
⚠️ Market Outlook:
The structure has turned bearish — SPK is struggling to retest and hold above key resistance. If weakness continues, we could see a drop below 0.034. Late buyers, be cautious — the downside scenario is currently in play.