$SPK USDT – BEARS TAKE CONTROL AFTER SHARP REVERSAL FROM HIGHS
SPK surged to $0.112000 before facing strong selling pressure, erasing most of its gains and dropping near the $0.100682 low. The inability to sustain above key resistance suggests sellers remain dominant, and further downside could follow if $0.102 support breaks.
Trade Setup (Short)
Entry: 0.10250 – 0.10300
TP1: 0.10100
TP2: 0.10000
Stop Loss: 0.10420
Market Outlook: Short-term momentum has turned bearish as the price forms lower highs with declining volume. A break below $0.1006 could trigger deeper losses, while reclaiming $0.1042 would be the first sign of renewed buying strength.
#SPK #CryptoTrading #Bearish #Altcoins #Binance
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