$SPK going vertical… this is pure exhaustion territory 🚨
Short
Entry: 0.060 – 0.065
SL: 0.075
TP1: 0.0480
TP2: 0.0460
TP3: 0.0425
TP4: 0.0375
Why:
Huge vertical candles with volume spike often mark local top or distribution phase. Price far extended from MA levels, meaning high probability of mean reversion. No proper pullbacks during rally, so downside can be sharp once momentum flips. Risk-reward favors short at these levels.
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