$SPK
/USDT – Technical Analysis (1H Chart)
$SPK is trading at 0.07776, after bouncing strongly from the day’s low of 0.07369. Price is currently above both MA(7) at 0.07636 and MA(25) at 0.07629, showing short-term bullish momentum. However, the MA(99) sits higher at 0.07975, which acts as a key resistance to watch.
The recent push toward 0.07809 suggests buyers are active, but the coin must clear the MA(99) zone to confirm further upside. Failure to do so may bring another retest of support levels.
Key Levels
Resistance: 0.07810 – 0.07975 – 0.08160
Support: 0.07630 – 0.07510 – 0.07370
Trading Outlook
Holding above 0.07630 keeps the short-term bullish case intact.
A breakout above 0.07975 could trigger momentum toward 0.08160 and higher.
If price slips below 0.07630, it may test 0.07510 and possibly 0.07370.
Trade Setup
Long (Buy):
Entry: 0.07650 – 0.07750
Targets: 0.07810 – 0.07975 – 0.08160
Stop Loss: 0.07500
Short (Sell):
Entry: 0.07850 – 0.07950 (if rejection near MA(99))
Targets: 0.07650 – 0.07510 – 0.07370
Stop Loss: 0.08050