#BNBBreaksATH Technical Analysis
The technical analysis for the SPK/USDT currency shows the beginning of a bullish rebound after an extended downward wave. The recent green candles indicate clear buying pressure, especially after breaking the small sideways pattern that formed around the level of 0.088478. The price strongly rebounded from the support at 0.087770, forming a double bottom, which is a positive reversal pattern.
The nearby resistance level at 0.090014 represents the first challenge to further upward movement. If surpassed, the price may target the following levels at 0.0925 and then 0.0938. However, if there is a downward rebound, the support at 0.088478 will be key to maintaining momentum.
Momentum indicators like RSI (not visible in the image but can be estimated visually) indicate a rise towards buying areas, which enhances the chances of continued positive movement in the short term. It is preferable to wait for confirmation of the resistance break with strong trading volume for a safe entry.