$SPK USDT BEARISH REVERSAL SIGNAL — PROFIT TAKING PRESSURE AT HIGHS
$SPKUSDT surged to 0.1151 but is now facing strong selling pressure as price breaks below the MA(7). The recent sharp drop from the highs signals a short-term bearish reversal, with potential downside toward support near the MA(25).
Trade Setup (Short Position)
Entry: 0.099 – 0.101
Take Profit 1: 0.0935
Take Profit 2: 0.0885
Stop Loss: 0.1045
Market Outlook:
After a strong bullish rally, $SPKUSDT is seeing profit-taking. A pullback to retest support is likely before any new bullish continuation. Traders should watch for stability at support levels to reassess momentum.
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buy and trade here on $SPK