$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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