$SPK Rebound or Trap? Watch These Critical Levels!
$SPK is attempting a minor bounce after hitting a fresh low near $0.03735. Despite the downward pressure, the 15-minute chart shows a slight recovery with volume picking up, signaling potential for a short-term reversal—if key levels break.
Key Levels to Watch:
Resistance: $0.03790 – Break above this opens further upside
Support: $0.03730 – A drop below this may invite more selling
Trade Setup – Plan for Both Scenarios:
Bullish Entry: Above $0.03790
Target 1: $0.03840
Target 2: $0.03890
Stop Loss: Below $0.03730
Bearish Entry: Below $0.03730
Target 1: $0.03670
Target 2: $0.03610
Stop Loss: Above $0.03790
Keep a close eye—momentum is fragile. A clean break on either side could trigger a rapid move.