#CryptoTrading. #Signal🚥.

📊Technical Analysis (1 hour) $SPK /USDT

1. Price and Trend:

• Current price: 0.13534 USDT, down 14.80%.

• The latest move shows a sharp decline after a local high near 0.1840, which may indicate a trend reversal or correction after an increase.

2. Moving Averages (MAs):

• MA(5): 0.139390338 (short-term), MA(10): 0.580074973 (long-term) – these values look anomalous, possibly errors in the data. Normally, MA(10) should not be significantly higher than MA(5). Assuming that MA(10) ≈ 0.135-0.14, the price is below the short-term MA, which signals a weakness in the bullish trend.

3. Bollinger Bands (BOLL):

• Upper band (UP): 0.18487, Middle band (MB): 0.15223, Lower band (DN): 0.11959.

• The price is approaching the lower band, which may indicate oversold or support at 0.11959.

4. MACD:

• DIF: 0.00149, DEA: 0.00612, MACD: -0.00464.

• The MACD is negative and declining, confirming the bearish trend. A divergence between DIF and DEA indicates a possible continuation of the decline.

5. Stochastic RSI (STOCHRSI):

• STOCHRSI: 7.6450, MASTOCHRSI: 7.15483.

• Both indicators are very low, which signals strong oversold. This may be a sign of an upcoming rebound if supported by other factors.

6. Volumes:

• Volume (Vol): 173,419,097 (latest data), total volume: 3.65B.

• A decline in volume when the price falls may cause a decrease in interest in the asset, supporting a bearish scenario.

⚠️Conclusion: Currently, a bearish trend with signs of oversold (STOCHRSI, BOLL) dominates. Support is possible at 0.11959 (lower Bollinger band). Resistance is around 0.15223 (BOLL average) or 0.1840 (local maximum). It is recommended to watch for volumes and confirm a reversal (for example, MACD crossing or a rebound from support).