1. Bearish Technical Signal (Released by Binance Square, July 22, 2025)
Price at that time was around ₮0.07339 USDT
Entry zone for short: 0.07300 – 0.07350
Stop-loss: 0.07520
Downward targets:
Target 1: 0.07250
Target 2: 0.07100
Target 3: 0.06880
Target 4: 0.06700
Extra target: 0.06550 if selling pressure is strong
Safe zone for partial profit taking: 0.07150 – 0.07080
CCC: Weakening trend, strong resistance at 0.07450 – 0.07500; watch for declining volume on rallies → bearish
Conclusion: If the SPK remains below resistance ~0.0745, the short setup remains promising until the following targets.
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2. TradingView Analysis – Falling Wedge Formation
SPK/USDT is forming a falling wedge pattern, which is usually a signal of potential bullish breakout.
Accumulation indicators are visible in the support zone ≈ 0.029 – 0.032 USDT. A rally opportunity could trigger an increase of up to +90–100% if a breakout occurs.
The main resistance that needs to be broken for bullish confirmation has not yet been reached.
Note: A breakout and volume confirmation are needed for reversal validation.