$SPK /USDT BEARS TAKE CONTROL – WATCH FOR A POSSIBLE PULLBACK!
SPK recently faced strong rejection near 0.0860, forming a sharp bearish candle and slipping toward 0.0720. The breakdown below 0.0740 support suggests weakness, and if selling pressure persists, the price may revisit lower levels before any major recovery. Volume indicates sellers are active after the recent pump, signaling caution for long entries.
Trade Setup:
Entry (Short): 0.0730 – 0.0745
Take Profit (TP): 0.0700 / 0.0680
Stop Loss (SL): 0.0765
Market Outlook:
Overall sentiment is short-term bearish unless the price reclaims 0.0780 with strong volume. A consolidation phase might occur after hitting lower supports before any bullish reversal attempt.
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