After a long period of consolidation within a descending trendline, $SPK has finally broken out, signaling a potential shift in momentum. The breakout is now being retested, with price action showing tight consolidation, a classic setup that often precedes significant upward moves. If the current strength holds, a bullish continuation could be on the horizon.
Meanwhile, over in the DeFi space, $TREE has officially launched on BingX, bringing with it a major listing carnival. With a 200,000 USDT prize pool on the line, users can earn rewards by completing simple tasks like net deposits, trading, or inviting friends. The event runs through August 3, and it's open to both Spot and Futures traders.
Whether you’re watching technical setups like ,SPK or exploring new opportunities like TREE, this week is buzzing with setups that blend fundamentals and momentum.
Are you positioning for what could be the next wave of breakout plays or sitting on the sidelines watching it unfold?