$SPK/USDT ATTEMPTING A RECOVERY — CAN BULLS RECLAIM CONTROL?

SPK has faced a 7% drop in the last 24 hours, sliding from highs of 0.1052 to a low of 0.08775 before finding short-term support. Price is now hovering near 0.09095, just under the 0.09104 average level. Bulls are showing signs of a minor rebound, but a break above 0.09187 is needed to confirm a stronger recovery move.

Trade Setup:

Entry (Long): 0.09080 – 0.09100

Target 1: 0.09250

Target 2: 0.09450

Stop Loss: 0.08950

Market Outlook:

While the recent downtrend shows sellers in control, the bounce from 0.08775 suggests early buying interest. Sustaining above the average price could shift short-term momentum in favor of the bulls, but failure to break resistance may lead to renewed selling pressure.

#SPK #CryptoTrading #PriceAction #BullishSetup #Binance

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