$SPK
USDT SHORT TRADE SIGNAL š“
$SPKUSDT has broken down aggressively from its local high near $0.056, forming a clear lower high and lower low structure. Price action shows continued selling momentum with weak retracements. Current candle reflects only a minor bounce, suggesting bears are still in control.
š Trade Setup:
Entry Point: 0.0383
Stop Loss: 0.0415
Take Profit:
ā TP1: 0.0365
ā TP2: 0.0340
ā TP3: 0.0305
Margin: 2ā3% of wallet
Leverage: 10x
š Short Outlook of Market:
Trend remains firmly bearish on the 1H chart, with no strong bullish engulfing or reversal candle visible. If price fails to reclaim the 0.042 resistance zone, downside pressure is expected to continue toward previous demand levels.
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buy and trade here on $SPK