$SPK USDT BEARISH REVERSAL AFTER STRONG SPIKE โ WATCH FOR SHORT OPPORTUNITY! ๐ป
After an aggressive surge peaking at $0.052083, $SPKUSDT is showing signs of weakness with consecutive bearish candles on the 15m chart. The recent rejection from the top and lower high formations suggest a cooling phase or potential pullback. Momentum is slowing, hinting at a short-term bearish move before any further upside.
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๐ด Trade Setup (SHORT):
Entry Zone: $0.04950 โ $0.04980
Take Profit 1: $0.04820
Take Profit 2: $0.04690
Stop Loss: $0.05090
๐ Market Outlook:
The uptrend has hit near-term exhaustion as price struggles to hold above $0.050. If selling pressure continues, expect a retracement toward previous support zones. Volume is tapering, signaling reduced buying interest. Ideal for short scalps with tight risk management.
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buy and trade here on $SPK