⚡️ $SPK
/USDT Coiling Tightly — Is the 100 MA the Launchpad? 🚀
After its sharp rally toward $0.18, Spark (SPK) has entered a cooling phase — but here’s the interesting part: price is now consolidating just above the 100 MA, a level that has often triggered major moves in the past.
🔍 Technical Breakdown:
📊 Current Price: $0.0929
🧵 MA 7: $0.0326 ✅
🟣 MA 25: $0.0325
🔵 MA 99: $0.0346 — now trending upward
🧠 Key Signals to Watch:
SPK is shaping a bullish wedge above trendline support
Volume is fading — often a sign a breakout is brewing
A daily candle closing above $0.11 could open the path toward $0.16–$0.18
🎯 Potential Breakout Targets:
$0.11 — Breakout confirmation
$0.135 — Mid-level resistance
$0.165–$0.18 — Full retrace zone
🛑 Support Levels:
$0.085 — Immediate support
$0.075 — Trend invalidation point
100 MA — Acting as dynamic support
⚡️ Final Thoughts:
SPK is holding its structure well after a vertical move, and the low-volume squeeze suggests a big move could be near. If buyers defend this zone, we may be on the verge of another powerful leg upward.
“In crypto, quiet periods often lead to explosive action.”