$SPK /USDT – BEAR FLAG OR DEAD CAT BOUNCE?
CONSISTENT LOWER HIGHS. BEARISH PRESSURE UNBROKEN.
$SPK broke down from $0.1065 and has been in a clear downtrend, printing lower highs and lower lows with little sign of recovery. The recent bounce from the 24h low at $0.0884 failed to reclaim even minor resistance at $0.0915, suggesting weak bullish effort and room for further decline if $0.0884 breaks again.
SHORT SETUP
Entry: $0.0915–$0.0925
Stop Loss: $0.0945
Target 1: $0.0880
Target 2: $0.0842
Until momentum shifts, $SPK remains in a controlled bleed.