$SPK USDT BEARISH FADE AFTER REJECTION — BUYERS FAIL TO HOLD RECOVERY SPIKE!
SPK/USDT attempted a strong recovery with a vertical spike but immediately faced selling pressure near the $0.106 zone. The price is now back below the support-turned-resistance region, signaling a failed breakout and potential continuation of the downtrend.
📉Trade Setup (Short):
• Entry Zone: 0.10150 – 0.10200
• Take Profit 1: 0.09940
• Take Profit 2: 0.09780
• Stop Loss: 0.10640
📊Market Outlook:
The overall structure remains bearish on the 15-minute chart. The brief bullish attempt was quickly absorbed, and price is consolidating beneath a key resistance. Sustained rejection from this area may lead to fresh downside pre
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buy and trade here on $SPK