$SPK /USDT BULLISH ANALYSIS – LONG SETUP BUILDING ABOVE MOVING AVERAGES

🟢 Current Price: $0.09948 (-0.50%)

📊 24H Range: High $0.10241 | Low $0.08980

📈 Trend: Bullish structure forming – higher lows, reclaim above key MAs

🔍 KEY TECHNICAL LEVELS

Support Zones:

$0.09800 – MA(7) & intraday support

$0.09570 – MA(25), strong dynamic support

$0.08980 – 24H low and major demand zone

Resistance Zones:

$0.10240 – 24H high, minor breakout zone

$0.10440 – Minor resistance

$0.10960–$0.11480 – Strong resistance zone from previous top structure

Moving Averages:

MA(7): $0.09814 – Holding above = short-term bullish

MA(25): $0.09570 – Price comfortably above

MA(99): $0.09456 – Long-term bullish trend reclaim

💼 TRADE SETUP: LONG ENTRY

Entry Zone: $0.09800–$0.10000 (bounce from MA(7)/MA(25))

Stop Loss (SL): $0.09400 – Below MA(99) and invalidation point

Take Profits (TP):

🎯 TP1: $0.10240

🎯 TP2: $0.10700

🎯 TP3: $0.11400

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⚠️ RISK MANAGEMENT

Risk/Reward: Aim for 1:2 or higher

Capital at Risk: Max 1–2% of portfolio per trade

Entry Confirmation: Use bullish engulfing or hammer on lower timeframes before entering

📈 SUMMARY:

$SPK/USDT is showing early signs of bullish momentum, trading above all major moving averages and forming higher lows. Volume supports the structure, and a breakout above $SPK #SECProjectCrypto #EthereumTurns10 $SPK