#TradersLeague
📊 SPK/USDT Current Scenario Overview
🔹 Latest Price: Around 0.0563 USDT
The price has bounced strongly from the support zone near 0.0504–0.0533 USDT.
It shows a bullish recovery after a sharp drop earlier in the day.
🔸 Trend Direction: Short-Term Bullish
Price is forming higher lows and higher highs.
Buyers are gaining control after stopping out sellers at the bottom.
🔥 Key Resistance Zone Ahead:
0.06179–0.06222 USDT
→ Strong liquidation zone — many short positions could get liquidated here.
→ If this breaks, it could cause a short squeeze rally toward 0.065–0.068 USDT.
🧊 Support Zone Below:
0.0533 USDT – minor support
0.0504 USDT – strong support (bottom of heatmap)
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✅ If You Are Bullish (Long Setup):
Buy Entry: Near 0.0550–0.0560 (on dip)
Target: 0.0600 → 0.06179 → 0.06222
Stop Loss: Below 0.0530
❌ If You Are Bearish (Short Setup):
Sell Entry: Near 0.06179–0.06222 (if rejection or long wick forms)
Target: 0.0585 → 0.0560
Stop Loss: Above 0.0630
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📌 Summary:
Aspect Status
Trend Short-term bullish
Resistance Zone 0.06179 – 0.06222 USDT
Support Zone 0.0504 – 0.0533 USDT
Volume Trend Rising into resistance
Strategy Suggestion Watch for breakout or fade
