$SPK Tight Range – Breakout Setup or Breakdown Alert?
$SPK is consolidating around $0.03315, hovering near key intraday resistance. Price action shows compression between lower highs and firm support — a breakout or breakdown is imminent.
Key Levels to Watch
Resistance Zones:
• $0.03340 – Immediate resistance
• $0.03370 – Breakout confirmation zone
Support Zones:
• $0.03300 – Key support holding the range
• $0.03250 – Breakdown risk zone
Trade Setup
Bullish Entry: Above $0.03340 with strong candle close
• TP1: $0.03370
• TP2: $0.03410
Bearish Entry: Below $0.03300 with volume pickup
• TP1: $0.03250
• TP2: $0.03180
Volume remains steady. Watch for breakout confirmation — false moves are common in tight range zones.