$SPK Momentum Builds, But Key Barrier Remains in Sight
SPK has bounced sharply from its intraday low near $0.0302 and is now challenging resistance around $0.0310. Buyers are stepping in with decent volume, but the structure suggests this level must flip for any real continuation. A failure here could trigger another pullback.
Key Levels to Watch:
Resistance Zone:
• $0.0310 – Immediate resistance
• $0.0315 – Short-term breakout point
Support Zone:
• $0.0304 – Local support
• $0.0300 – Psychological and structural base
Trade Setup – Watch for Confirmation
Bullish Entry: A strong candle close above $0.0310
Target 1: $0.0315
Target 2: $0.0322
Bearish Entry: Breakdown below $0.0304
Target 1: $0.0300
Target 2: $0.0293
Short-term bias leans bullish, but confirmation above resistance is key to avoid fakeouts.