🚀 $SPK/USDT – Bullish Breakout Watch
Position Size: $1,203 at $0.11201
Market Sentiment: Bulls are building momentum after defending support; price is coiling tightly near resistance, suggesting a breakout setup in the making.
📊 Key Levels:
Immediate Support: $0.1110 – $0.1112
Major Support: $0.1095 (critical for maintaining bullish structure)
Resistance Zone: $0.1135 – $0.1145 (breakout area for bullish continuation)
📈 Trade Setup:
$SPK is consolidating in a narrow range just under the breakout zone. A push above $0.1135 with strong volume could fuel a rally toward the next resistance levels.
🎯 Upside Targets:
1. Target 1: $0.1142
2. Target 2: $0.1155
3. Extended Target: $0.1170+ if momentum accelerates
🛡 Stop Loss: $0.1105 (below major support to manage risk)
💡 Sentiment Insight:
With bulls defending $0.1110 and volume gradually building, SPK looks poised for an upside move. A confirmed breakout above $0.1135 could spark a quick push toward the $0.1155–$0.1170 range.
Watch for a strong candle close above resistance for confirmation.
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