$SPK USDT short trade signal 🛑 🚦
BEARS EYEING BREAKDOWN AS PRICE STALLS BELOW RESISTANCE
Price is struggling to push past the immediate resistance zone, with repeated rejections signaling exhaustion in bullish momentum. Sellers are beginning to dominate at the top of the range, setting the stage for a potential breakdown toward lower supports. This setup offers a clean short opportunity with a strong risk-reward profile.
Trade Setup (Short):
Entry Zone: 0.11470 – 0.11500
Take Profit 1: 0.11168
Take Profit 2: 0.10854
Stop Loss: 0.11802
Market Outlook:
Momentum is tilting bearish as price consolidates under resistance. A decisive drop below 0.11350 with rising sell volume would confirm downside continuation, opening the path toward deeper support zones. Quick follow-through is likely if breakdown triggers.
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