$SPK
USDT BEARISH BREAKDOWN – SELL PRESSURE BUILDING FOR DEEPER FALL
$SPKUSDT is trading at $0.03801, down -2.09% today. After failing to hold above the key resistance near $0.04000, the price has started forming lower highs and lower lows, signalling strong bearish momentum in play.
📉 Trade Setup (Short):
Entry Zone: $0.03820 – $0.03850
Take Profit Targets:
TP1: $0.03750
TP2: $0.03680
TP3: $0.03600
Stop Loss: $0.03910
🔻 Market Outlook:
The market structure has turned bearish on the 15m timeframe with consistent rejection candles and no strong buyer defence. As long as price stays below $0.03910, expect further downside continuation towards deeper support zones.
⚠️ Risk Management:
Use proper lot size and strict stop loss, as sudden wicks are possible in low liquidity conditions.
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buy and trade here on $SPK