🚀 Pair $SPK /USDT - A bullish trend is forming from the support level!
The pair $SPK has bounced from a key support area and shows early signs of a trend reversal. Staying above the $0.13900 level may lead to a bullish breakout in the coming sessions.
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📈 Long entry area:
$0.13900 - $0.14100
🎯 Take Profit Targets (TP):
1. $0.1490
2. $0.1580
3. $0.1720
4. $0.1850
5. $0.1920
🛑 Stop Loss (SL):
$0.1330 (below the previous local low)
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📊 Technical notes:
Maintaining trend line support with a bounce from oversold conditions
Increasing momentum with higher lows forming
Gradually increasing trading volume = signs of accumulation
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📝 Note: Wait for confirmation of a one-hour/four-hour candle above the $0.1410 level to avoid false sell-offs. Entering near the $0.13900 level provides the best risk/reward ratio.
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