$SPK
It seems that SPK has lost bullish momentum and is falling below several key support zones that previously acted as a “floor.” This may mean two things:
1. Confirmation of a short-term trend change 🛑
If it broke key support (e.g., $0.128, $0.124, or $0.120), it is a sign of weakness.
Many traders who bought late might be selling to avoid further losses.
2. Consolidation phase after a strong rise 📊
Sometimes, after a big rise (like the one SPK had), the market needs to “breathe.”
If it holds above a new strong technical support (e.g., ~$0.115–$0.118), it could be an accumulation zone.
📌 What should you observe now?
Is it falling on low volume? (healthy)
Key supports ~$0.115, $0.110 — if it breaks them, be careful
Immediate resistances ~$0.124, $0.128
RSI and MACD RSI < 30 may indicate overselling
News and sentiment Are there more airdrop events or hype?
🧠 What to do now?
If you exited with profit, excellent. You can observe without pressure.
If you are still in: you might consider selling partially if it falls below a critical level or doing a trailing stop to protect remaining profits.
If you think of re-entering: wait for confirmation that it stabilizes above strong support, or at least a bounce with volume.
Other alternatives during the course of the week:
