SPK Network: Bearish setup = opportunity for short trade 📉

$SPK brings an interesting vision of a decentralized social layer, but the market momentum is currently not supporting the growth of the value. The price is holding below the key resistance around $0.09 and technical signals so far confirm the continued decline.

Current price: ~$0.08768 (–6.95% in 24h)

Analysis shows weak technical support and increasing selling pressure

Swing short proposal: entry $0.0885–0.0890; TP1 $0.0850; TP2 $0.0830–0.0825; SL above $0.0915

This does not mean that the long-term project is losing value — SPK still has strong fundamentals such as on-chain capital allocator and governance token SparkFi. But the market is now deciding differently than the roadmap.

💬 What do you think? Is it time to go short or are you investing in a long-term fundamental?

#SPK #CryptoTrading #BearishTrend