$SPK Breakdown Alert Bulls Losing Steam Fast...
After an explosive rally, $SPK is now showing signs of exhaustion with consecutive red candles on the 1H chart. Selling pressure is intensifying, and the price is slipping below key intraday support.
Trade Setup – Short Position
Entry Zone: $0.153 – $0.156
Stop Loss: Above $0.165
Target 1: $0.140 (minor support zone)
Target 2: $0.125 (trendline retest)
Volume is drying up on the bounce attempts – this looks like a classic post-pump fade. Ideal zone for a quick scalp on the downside. Watch closely!