🚨🗞️📰 Spark (SPK) Eyes Breakout, But New ATH May Need More Time
Spark (SPK) surged 90% in 24 hours, hitting a new all-time high of $0.1215, but signs suggest a pullback may come first.
Key Factors to Watch:
Exchange Inflows Rising → Profit-taking risk increases as SPK deposits outpace withdrawals.
RSI Divergence → Price is near highs, but hourly RSI hasn’t surpassed its last peak, signaling weakening momentum.
Critical Levels:
Breakout Trigger: $0.124 (Fibonacci 0.618 level)
Supports: $0.110 → $0.101 → $0.087 (must hold to maintain bullish structure)
A clean break above $0.124 with strong RSI confirmation could fuel another rally. Otherwise, a dip toward support zones is likely.