$SPK Long Liquidation: $6.12K at $0.12249
Support Cracked — Bulls Losing Grip
📉 Trend: Bearish
$SPK just saw a $6.1K long liquidation at $0.12249.
Buyers got trapped. Sellers are gaining strength.
📊 Market Sentiment:
• Weak hands are exiting
• Volume dropping on bounces
• Fear and caution rising
• Traders watching for breakdown or bounce
🧭 Next Move:
Hold only if you’re in from lower levels
Avoid new longs for now
Buy only if SPK reclaims $0.125 with strong volume
🎯 Upside Recovery Targets:
• Target 1: $0.126
• Target 2: $0.130
• Target 3: $0.138
🛑 Stop Loss: $0.120
🔼 Resistance: $0.126
🔻 Support: $0.118
🚨 Summary:
$SPK is under pressure. A long liquidation at $0.12249 shows buyers are getting squeezed.
If support at $0.120 fails, expect more downside.
Only act on strength. Weak bounces are likely to fade fast.
Stay sharp.
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