$SPK Momentum Shift: Bearish Setup After Parabolic Surge
After skyrocketing from $0.091 to $0.133, $SPK is now flashing signs of buyer fatigue. The 1-hour chart shows multiple red candles, signaling a shift in momentum. A lower high is forming, and price has slipped below the $0.118 support—now acting as resistance.
Short Setup Details:
🔻 Entry Zone: $0.11450 – $0.11650
🛡 Stop Loss: Above $0.11950
🎯 Targets:
• TP1: $0.10800
• TP2: $0.10200
• TP3: $0.09600
Key Takeaway:
Volume has cooled off post-pump, and with 75.02% sell-side dominance in the order book, the pressure is real. Unless $SPK reclaims $0.118, bears are in control and a 10–15% correction looks likely.
