$SPK /USDT – Possible Drop Ahead

Current Price: $0.1113

24h High: $0.1246

24h Low: $0.0646

24h Change: +68.17%

Volume (SPK): 2.74 Billion

Category: DeFi | Gainer

Trend Update:

SPK is moving in a tight range between $0.115 and $0.110. Price is now near the bottom of the range. If it breaks below $0.110, a strong drop may follow. Sellers are starting to gain control.

Resistance Zone: $0.1145 – $0.1155

Support Zone: $0.1100 – $0.1090

Trade Setup (Short Idea):

Entry Range: $0.1110 – $0.1100

Stop Loss: Above $0.1155

Target 1: $0.1075

Target 2: $0.1050

Target 3: $0.1010

Summary:

SPK is losing strength and may fall if it breaks below the support. Watch this level closely. If volume increases during the drop, the move can go faster. Good setup for futures short trades.