$SPK /USDT – HEAVY SELLING PRESSURE NEAR LOWS
SPK $SPK is trading around 0.0708, down -6.3% in the last 24 hours. After hitting 0.0769, price slipped to the daily low of 0.0707, now hovering just above this critical support zone. With high trading volume (~94.4M SPK), sellers are clearly dominating, and momentum remains weak.
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📊 Trade Setup
Short Entry: 0.0715 – 0.0725 (on rejection)
Targets (TP): 0.0700 / 0.0685 / 0.0660
Stop Loss (SL): 0.0745
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🔑 Risk Management
SPK is at a key support — a breakdown below 0.0707 could trigger sharper losses. However, if buyers step in here, a relief bounce may follow. Trade with disciplined SLs.