📊 Analysis of the SPK/USDT asset (4H, Binance)
🔍 Current price: 0.1149
🔻 -9.88% for the candle — a pullback is forming after the impulsive rise
📈 Technical picture
🔵 An ascending channel is forming, the price bounced off the lower trend support and tested the upper boundary of the channel — this is where profit was taken.
☁️ The Ichimoku cloud remains a risk zone:
— the price broke through the cloud but did not firmly establish above it
— a downward bounce may be a retest of support (0.111–0.108)
📊 Indicators
MA(7) — 0.1111 ⬅️ current support
MA(25) — 0.0978
Parabolic SAR — 0.0954 🟢 bullish trend still active
MA(99) — 0.0930 — global support
📌 Key levels:
Support:
🟢 0.1100 – local retest
🟢 0.1055 – lower boundary of the cloud
🟢 0.095 – trendline + SAR
Resistance:
🔴 0.132 – previous high
🔴 0.140–0.145 – upper boundary of the channel
🧠 What is important to observe:
⚠️ After a sharp rise, SPK entered a correction zone — a retest on volumes is possible.
⚡️ Holding above 0.1100 may confirm the strength of the trend.
📉 Loss of 0.105 – signal for a deep pullback to 0.095.
🎯 Conclusion:
SPK maintains an upward structure despite local profit-taking.
Level 0.1100 — key. Establishing above — signal for continuation of the upward movement within the channel.
📡 Monitoring volumes and behavior on MA(7)/cloud. $SPK