$SPK /USDT – SHORT TRADE SETUP

OVEREXTENDED RALLY INTO RESISTANCE

SHARP REJECTION FROM LOCAL HIGH

EARLY SIGNS OF DISTRIBUTION ON 15M CHART

SPK pumped nearly +16%, hitting resistance at $0.0490 before pulling back with strong bearish candles. The 15m chart now signals profit-taking and fading bullish momentum.

🔴 Short Trade Setup:

Entry Zone: $0.0469 – $0.0475

Take Profit: $0.0442

Stop Loss: $0.0491

Market Outlook:

Unless bulls reclaim the highs quickly, SPK may retrace to earlier support levels. Scalpers can exploit the volatility for a quick downside play.

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