$SPK is showing renewed strength, trading around 0.02123 with a +3.8% move in the last 24 hours. After a sharp push toward 0.02230, price pulled back and is now consolidating above key support, which is a healthy sign rather than weakness.
On the 1H timeframe, structure remains constructive — higher lows are still intact, and selling pressure is gradually fading. This looks like a cool-off phase after a breakout attempt, not a breakdown.
Market Structure Insight
Strong base around 0.02080 – 0.02100
Rejection from 0.02230 but no aggressive sell-off
Price holding above short-term support
A clean reclaim of 0.02180+ can restart momentum
Trade Setup (Spot-friendly)
• Entry Zone: 0.02100 – 0.02130
• Target 1 : 0.02180
• Target 2 : 0.02230
• Target 3 : 0.02300
• Stop Loss: 0.02080
Outlook
If SPK breaks above 0.02180 with solid volume, it can retest the recent high and potentially expand toward the 0.023 zone. As long as price holds above the support base, the structure stays bullish.
SPK
--
--