$SPK USDT BEARISH CONTROL PERSISTS โ BOUNCES REMAIN WEAK ๐จ
$SPK USDT continues to follow a clear downward trend, printing consistent lower highs and lower lows. Despite a minor rebound from the 0.035815 low, the price remains below both the 5MA and 10MA lines, while MACD stays negative โ confirming that bears still dominate. Volume remains unstable, with red candles outweighing greens, signaling weak buying interest.
๐ป Trade Setup (Short Entry):
Entry: 0.03640 โ 0.03670
Stop Loss: 0.03720
Take Profit Targets:
โ TP1: 0.03560
โ TP2: 0.03480
โ TP3: 0.03390
๐ Market Outlook:
Until the bulls can reclaim the 0.03770 zone with strength, the path of least resistance remains downward. Short scalps remain favorable under current market conditions.
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buy and trade here on $SPK