$SPK SIGNAL ALERT ๐ข๐ดโจ๏ธโจ๏ธโจ๏ธโจ๏ธ
๐จ Inverse Cup & Handle Spotted on 15m Chart!
This pattern is a classic bearish setup, and $SPKUSDT looks like itโs prepping for a breakdown after that monster +83% rally. ๐
๐ณ๏ธ The cup formed with a rounded top near $0.100
โ The handle is taking shape right around the $0.090 area โ price is consolidating under pressure.
๐ก Typically, this pattern signals weakness after a failed continuation โ and if the neckline ($0.088) breaks, it could trigger a fresh sell-off.
Breakdown Targets If Support Fails:
๐ป TP1: 0.085
๐ป TP2: 0.080
๐ป TP3: 0.074
๐ป TP4: 0.068
๐ก๏ธ SL: 0.095 (above handle zone) if price invalidates.
โ ๏ธ Volume is drying up and momentum is fading โ a break below $0.088 could flip the entire trend short-term. Bears might just take over if bulls donโt step up quick!
Stay alert traders. Donโt chase pumps, ride smart patterns.
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