$SPK USDT SHORT TRADE š¦ š
PARABOLIC SPIKE FADES ā BEARS MAY TAKE CONTROL š
After a vertical surge, $SPKUSDT is showing clear signs of exhaustion below the 0.0624 resistance. Failed attempts to reclaim previous highs coupled with tight consolidation under key levels suggest bearish momentum building. If this rejection holds, a deep correction toward earlier demand zones is likely.
š» Trade Setup ā Short Trade Signal:
⢠Entry Zone: 0.06180 ā 0.06240
⢠Take Profit 1: 0.05500
⢠Take Profit 2: 0.04723
⢠Stop Loss: 0.07095
⢠Leverage: 10x
⢠Margin: 2ā3% of wallet
š Market Outlook:
Momentum has cooled drastically after the initial pump, and supply zones are capping every bounce. Unless bulls reclaim 0.065+, the price remains vulnerable to a broader pullback. Volume suggests a fading trend ā bears could dominate upcoming candles.
#SPKUSDT #ShortSignal #BearishMomentum #CryptoTrading #DeFiAnalysis
buy and trade here on $SPK