$SPK
has transitioned from a prolonged compression phase into a clear expansion on the 4H timeframe. The recent impulsive breakout above the 0.028–0.030 region confirms a shift from accumulation into early trend development. Structurally, this is the first meaningful higher high after weeks of sideways movement.
The key level now is 0.030. This area should act as a demand zone if the breakout is genuine. Acceptance above it would open continuation toward 0.036–0.038, which is the next visible liquidity pocket.
On the downside, failure to hold 0.030 likely leads to a deeper retrace into the 0.027–0.028 region, where prior consolidation occurred.
For now, the market is showing strength, but the real confirmation comes from holding higher lows. Watch how price reacts on pullbacks—continuation depends on demand stepping in, not just initial breakout momentum.