$SPK SHARP REVERSAL WATCH – DOWNSIDE EXHAUSTION OR NEXT LEG LOWER?

$SPK /USDT has seen heavy selling pressure, sliding to $0.1029 after topping at $0.1140 in the last 24 hours — a -8.68% drop on 162.19M SPK traded. The bears have been in control, but short-term technicals suggest the downside momentum may be slowing.

Trade Recap:

24h High: $0.114061

24h Low: $0.099000

Current Price: $0.102918

Volume: $17.65M USDT

Updated Trade Setup:

Entry Zone (Dip Buy): $0.100 – $0.103

TP1: $0.108

TP2: $0.112

TP3: $0.118

Stop-Loss: Below $0.097

Risk & Strategy Notes:

Only enter if SPK holds above the $0.100 psychological level.

Raise stop-loss to breakeven after TP1 is hit.

Avoid chasing green candles; wait for a clean retest.

Keep leverage low — volatility can spike quickly.

If SPK can defend the $0.100 zone and push through $0.108 with strong volume, we could see a recovery wave toward the $0.112–$0.118 range. Stay alert — the bounce opportunity could be quick and sharp.

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