🚀 $SPK /USDT - Buy Setup Update
The pair $SPK has shown strong recovery momentum after a sharp sell-off, bouncing back from the accumulation range between $0.09 and $0.10. The current price behavior indicates a continuation of the upward trend with increased trading volume on bullish candles.
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🟢 Long-term Entry Zone:
$0.10000 - $0.13900 (price reached and activated)
🎯 Take Profit Targets (TP):
1. $0.14500
2. $0.15100
3. $0.15800
4. $0.16700
5. $0.17500
🛑 Stop Loss (SL):
$0.09100 (below the last wick's low)
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📊 Technical Notes:
Strong bullish engulfing candle after a long consolidation period
24-hour trading volume +$935 million SPK indicator confirms renewed interest
Relative Strength Index (RSI) is recovering and MACD shows a bullish crossover
Psychological resistance levels align with the above take profit targets
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📝 Note: Price stability above $0.125 will enhance the bullish scenario. Adjust the stop loss to breakeven after TP1 to ensure risk-free gains.
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