$SPK
USDT BEARISH DIVE – SELLERS HOLD THE WHEEL AS MARKET BLEEDS 🔻
$SPKUSDT is currently trading at 0.03675, continuing its strong bearish trend visible on the 1H timeframe. After a series of heavy red candles, price is attempting a minor relief bounce but remains below major resistance.
🔑 Key Levels:
Resistance: 0.0385
Support: 0.0352
Current Price: 0.03675
💡 Trade Setup (SHORT):
Entry Zone: 0.0367 – 0.0372
Take Profit Targets:
🎯 TP1: 0.0360
🎯 TP2: 0.0355
🎯 TP3: 0.0345
Stop Loss: 0.0380
📊 Short Market Outlook:
SPK is still under selling pressure with no strong reversal signals. Buyers’ attempts for recovery remain weak unless the price breaks above 0.0385 resistance with strong volume confirmation.
⚠️ Risk Management:
Use only 2-3% of wallet per trade. Protect your capital with strict SL placement to avoid losses in case of sudden bullish spikes.
#CryptoSignals #SPK #BearishTrend #ShortTrade #BinanceAnalysis
buy and trade here on $SPK