$SPK USDT — BEARS IN CONTROL AFTER FAKEOUT SPIKE! ⚠️ STRONG SELL PRESSURE RESUMES!
After a sharp bullish push toward the $0.12288 resistance, $SPKUSDT faced an immediate and aggressive rejection. The price plummeted, forming a clear lower high and lower low structure — a classic bearish continuation sign. Momentum faded quickly, and the MACD histogram still remains in red territory with no bullish crossover yet, signaling weakness.
📉 Short Trade Setup:
• Entry Zone: 0.1140 – 0.1155
• Take Profit 1: 0.1106
• Take Profit 2: 0.1085
• Stop Loss: 0.1174
📊 Market Outlook:
SPKUSDT failed to hold its breakout and is now likely heading back to retest the lower support zone near 0.1100. Volume is declining, MACD is negative, and short-term EMA resistance is growing heavier. A short-term pullback may occur, but bears still hold the structure unless a clear breakout reclaims 0.118+.
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buy and trade here on $SPK