$SPK USDT – SHORT CONFIGURATION AFTER PEAK REJECTION
$SPK experienced a strong rejection near the $0.080 level after a significant rise. The price is now pulling back with weakening momentum, suggesting a short-selling opportunity.
Entry Zone: $0.07400 – $0.07500
Target 1: $0.07100
Target 2: $0.06800
Final Target: $0.06500
Stop Loss: $0.07700
This setup favors short sellers as the recent breakout failed to hold. Keep a close watch on declining volume to confirm a new decline.
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