$SPK /USDT – BEARISH PRESSURE PERSISTS AFTER FAILED RECOVERY ⚠️
SPK faced a sharp rejection from the $0.1052 zone and plunged to $0.0877 before attempting a minor bounce. However, the rebound lacked strong volume, signaling that sellers are still in control and further downside pressure remains likely if support levels fail.
Trade Setup (Short):
Entry Zone: $0.0910 – $0.0920
Take Profit 1: $0.0880
Take Profit 2: $0.0850
Stop Loss: $0.0945
Market Outlook:
If SPK fails to reclaim the $0.0940 resistance, price could revisit and possibly break below $0.0875 support. Bears remain dominant until a strong bullish breakout confirms trend reversal.
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buy and trade here on $SPK