$SPK – WATCHING FOR A RELIEF BOUNCE
$SPK is trading at $0.09004, down -10.60% after a sharp sell-off from the day’s high of $0.10522. Price found intraday support at $0.08775, where buyers stepped in to halt the decline. Current action shows a slight consolidation, hinting at a potential short-term bounce if bulls can defend the $0.088–$0.089 zone.
Trade Setup:
Long Entry: $0.0880 – $0.0895
Stop Loss: Below $0.0868
Targets:
TP1: $0.0925
TP2: $0.0950
TP3: $0.0980 if recovery strengthens
A break below $0.0875 could invite further downside toward $0.0850, while sustained buying above $0.0925 may shift momentum back toward the $0.095–$0.098 resistance zone.