Mohammed Adam Adam Abdurahman
--
Bullish
$SPK
The current price is at 0.0895 USD after a strong rise (~+34% in 24 hours, ~+190% in a week).
The currency has seen a trend reversal after breaking through a symmetrical triangle pattern, leading to a rapid jump of over 100% in the past period.
A Cup & Handle pattern is forming on the 3–6 hour frame, with an initial technical target at 0.103 USD (+15%) and a potential extension to 0.10–
🏁 Summary
SPK is experiencing a vibrant phase supported by a radical change in the economic and technical model, along with momentum designed for the short and medium term. The price oscillates between 0.060–0.12 USD, following an optimistic DeFi narrative. However, risk management is essential, especially in the post-distribution period. Monitoring trading ratios, staking ratios, and institutional coordination will be key to the upcoming direction.
The current price is at 0.0895 USD after a strong rise (~+34% in 24 hours, ~+190% in a week).
The currency has seen a trend reversal after breaking through a symmetrical triangle pattern, leading to a rapid jump of over 100% in the past period.
A Cup & Handle pattern is forming on the 3–6 hour frame, with an initial technical target at 0.103 USD (+15%) and a potential extension to 0.10–
🏁 Summary
SPK is experiencing a vibrant phase supported by a radical change in the economic and technical model, along with momentum designed for the short and medium term. The price oscillates between 0.060–0.12 USD, following an optimistic DeFi narrative. However, risk management is essential, especially in the post-distribution period. Monitoring trading ratios, staking ratios, and institutional coordination will be key to the upcoming direction.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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