🔴 $SPK Long Liquidation: $7,850 at $0.11839

Buyers crushed — trend flips bearish

📉 Trend: Strongly Bearish

$SPK just triggered a sizable long liquidation. Bulls failed to hold the $0.12 support. Sellers are now in full control.

📊 Market Sentiment:

• Confidence is fading fast.

• Heavy liquidations suggest leverage is unwinding.

• Volume is rising on red candles — bearish confirmation.

• Short-term traders are exiting positions, fearing deeper losses.

💡 Next Move:

Sell or Stay Out — momentum is against buyers. Avoid catching a falling knife.

🎯 Targets:

• Target 1: $0.112

• Target 2: $0.105

• Target 3: $0.097

🛑 Stop Loss (for shorts): $0.1225

🔼 Resistance: $0.120

🔻 Support: $0.110

Summary:

$SPK is under pressure after a key breakdown and long liquidation at $0.118. Unless bulls reclaim $0.12 with strong volume, expect more downside. Bears have the momentum — don’t go long until trend shows signs of reversal.

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