Hereās a technical overview for
$SPK /USDT (Perpetual)
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š§¾ SPK/USDT Snapshot
Metric Value
Last Price $0.03928 (+9.90%)
24h High $0.03994
24h Low $0.03530
Mark Price $0.03929
24h Volume (SPK) 2.02 Billion
24h Volume (USDT) $77.81 Million
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š Technical Levels
Support / Resistance Price ($)
Immediate Resistance $0.03994 (24h high)
Short-Term Resistance ~$0.03966ā$0.03973
Current Price Range $0.03890 ā $0.03929
Support Zone $0.03835 ā $0.03530
š¹ The price is testing resistance just under $0.040, approaching overhead supply.
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š Volume & Moving Averages
MA Period Volume
Current Vol 3.07M (much lower today)
MA(5) 18.39M
MA(10) 17.36M
š» Volume today is significantly lower than average ā less conviction behind this +9.9% price move.
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š Quick Interpretation
š¼ Bullish Price Action: Almost a +10% gain on the day.
š§ Weak Volume Today: Suggests the rally may lack strength or could be consolidating.
š Stalling near resistance: $0.03973ā$0.03994 area is acting as short-term cap.
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šÆ Trading Scenarios
š¢ Breakout Long
Entry: Above $0.040 clean breakout with strong volume.
Target: $0.042ā$0.045
Stop-Loss: Below $0.0384
š“ Fade/Short Play
Entry: $0.03970ā$0.03990 rejection zone
Target: $0.0375 ā $0.0355
Stop-Loss: Above $0.0403
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ā
Summary
Bias Neutral ā Slightly Bullish
Key Focus Volume confirmation on breakout
Caution Weak volume divergence from price
Trend Short-term uptrend; resistance close
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