$SPK /USDT — BEARS PRESS LOWER, SUPPORT TEST AHEAD
$SPK has slipped from 0.08838 to the 0.08560 area, showing consistent selling pressure on the 15-min chart. The inability to hold above 0.08650 confirms short-term bearish momentum, with the next key support sitting near 0.08500. A break below this level could accelerate the downside move.
Trade Setup:
Type: Short
Entry Zone: 0.08560 – 0.08580
Take Profit 1: 0.08500
Take Profit 2: 0.08420
Stop Loss: 0.08660
Market Outlook:
Sellers remain in control in the short-term structure, with lower highs and lower lows forming. Unless bulls reclaim 0.08660 with strength, price action is likely to stay under pressure.
#SPK #CryptoTrading #BearishTrend #PriceAction #ETHTreasuryStrategy
buy and trade here on $SPK