$SPK /USDC BEARISH REVERSAL IN PLAY AFTER MASSIVE SURGE 🔻🚨
📊 Current Price: $0.063890
📈 24H High: $0.080868
📉 24H Low: $0.040794
🔍 TECHNICAL OVERVIEW:
After a parabolic move of +53%, $SPK is showing signs of a potential pullback as momentum weakens:
📉 MACD: Bearish crossover developing
📉 SAR: Dot flip suggests possible trend shift
⚠️ Volume Spike: Indicates a climax top may be forming
📏 Bollinger Bands: Price snapped upper band and retraced — overbought
📌 KEY LEVELS TO WATCH:
Resistance Levels:
🔺 $0.0808 – Major Supply Zone
🔺 $0.0751 – Minor Resistance
Support Levels:
🔻 $0.0639 – Current Market Price
🔻 $0.0602 – First Support
🔻 $0.0528 – Strong Support
🧨 TRADE SETUP – SHORT ENTRY:
💥 Entry Zone: $0.064 – $0.067
🎯 TP1: $0.060
🎯 TP2: $0.053
❌ SL: $0.076 (above resistance wick)
⚖️ RISK MANAGEMENT:
🛡️ Risk only 2-3% of your capital
🎯 Stick to your SL to avoid large losses
📉 Target lower levels gradually, don’t overleverage
🔻 Let the trend be your friend — ride the reversal, not the FOMO! 💣
#SPK #CryptoTA #BearishSetup #DeFi #Altcoins #ShortTrade
#TrumpBitcoinEmpire #BTCvsETH #ETHBreaks3700 #StablecoinLaw #Write2Earn! $SPK