$SPK
– PARABOLIC SPIKE OR PULLBACK OPPORTUNITY?
+48% SURGE FROM $0.0776 • COOLING NEAR $0.103
SPK rallied sharply from $0.0776 to a peak of $0.1151 before pulling back to consolidate near $0.103. The move shows high volume and strong buying interest, but the current dip could offer a retracement entry if bulls defend the $0.100 level. Eyes on reclaiming $0.108 for a second leg higher.
Trade Setup (Momentum Long):
Entry: $0.101–0.103
TP1: $0.1087
TP2: $0.1145
Stop Loss: $0.0975
Hold above $0.100 = bullish continuation setup. Breakdown = wait for new base.
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