$SPK /USDT based on your data:
SPK/USDT TECHNICAL ANALYSIS – BEARISH BIAS
Current Price: 0.067239 USDT
24h High: 0.072696 USDT
24h Low: 0.066274 USDT
24h Volume: 123.18M SPK / 8.50M USDT
Key Levels
Resistance: 0.072 – 0.073 USDT (recent highs)
Support: 0.066 – 0.0663 USDT (24h low)
Current Price Zone: Just above support
Market Bias
Price has dropped ~7.28% over the last 24h → bearish momentum.
Testing support around 0.066 USDT; a decisive break below may trigger further downside.
Moderate volume indicates ongoing participation but not extreme panic selling.
Trade Setup
Short Opportunity (Bearish Continuation):
Entry: 0.067 – 0.068 USDT
Stop Loss: 0.071 USDT
Targets:
TP1: 0.066 USDT
TP2: 0.064 – 0.065 USDT
Aggressive Long Opportunity (Potential Reversal):
Entry: 0.066 – 0.0663 USDT (support zone)
Stop Loss: 0.065 USDT
Targets:
TP1: 0.070 USDT
TP2: 0.072 USDT
Risk Management
Limit risk to 1–2% of capital per trade.
Avoid buying if support breaks with high selling volume.
Watch resistance zones for potential shorting if price rebounds.
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