$SPK Breaking Support – Breakdown or Quick Recovery?
$SPK is currently trading at $0.0737, down nearly 5% today as sellers push price below recent support. The move puts SPK in a vulnerable zone where the next reaction will confirm whether bears extend control or bulls attempt a recovery.
Key Levels to Watch
• Resistance: $0.0745 – $0.0750 → A breakout above this range could trigger a relief bounce.
• Support: $0.0735 – $0.0730 → A breakdown below this zone may lead to deeper downside.
Trade Setup – Prepare for Volatility
Bullish Entry:
• A confirmed breakout above $0.0745 may target:
• Tip 1: $0.0750
• Tip 2: $0.0760
Bearish Entry:
• A breakdown below $0.0735 could target:
• Tip 1: $0.0730
• Tip 2: $0.0720
$SPK is testing critical support after a strong selloff. If bulls fail to defend $0.0735, sellers may push it lower quickly. Traders should monitor volume closely for confirmation.