๐ด Short Trade โ $SPK /USDT ๐ด
Entry: 0.1055
๐ฏ TP1: 0.1032
๐ฏ TP2: 0.0990
๐ฏ TP3: โ
โ Stop Loss: 0.1089
Reason:
$SPK has decisively broken below the 0.1062 support level amid strong selling pressure, trading under key short-term EMAs (7 & 25), which reinforces a bearish outlook. Immediate resistance is positioned at 0.1062 and 0.1088, with a major hurdle at 0.1120. The inability to reclaim these levels suggests continued downward momentum.
Note:
Support levels at 0.1032 and 0.0990 will be crucial; a break below 0.0990 could accelerate the decline. The trade setup targets entries between 0.1050 and 0.1060 with a tight stop loss at 0.1089 to manage risk effectively.
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