$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.
