$SPK SPKUSDT PERP — 4H Futures Trading Plan
This trading plan is built around a trend-following + pullback strategy on the 4-hour timeframe. The overall market structure remains bullish, as price continues to form higher highs and higher lows, supported by key moving averages.
Market Structure
The trend is bullish, with price holding above major moving averages (MA20, MA50, and MA200).
A recent pullback indicates a healthy correction rather than a trend reversal.
Strong support is identified near 0.03200 – 0.03350, while resistance sits at 0.04450 – 0.04650.
Strategy Overview
Focus on buying the dip (pullback) within an uptrend.
Wait for price to enter the defined buy zone and confirm bullish momentum before entering.
Entry Plan
Entry Zone: 0.03700 – 0.03850
Enter long when price stabilizes in this area with bullish confirmation (e.g., strong candle close, rising volume).
Risk Management
Stop-Loss: 0.03550
Placed below key structure support to limit downside risk.
Risk per trade: 1–2% of total capital.
Take-Profit Targets
TP1: 0.03950
TP2: 0.04180
TP3: 0.04450
Scaling out profits at multiple levels helps lock in gains while allowing the position to run.
Risk-to-Reward Ratio
TP1: ~1.2R
TP2: ~2.1R
TP3: ~3.4R
This setup offers a favorable risk-reward profile if executed with discipline.
Trade Confirmation Checklist
Price remains above short-term moving averages (especially MA20)
Bullish 4H candle confirmation
Increasing volume
No strong bearish divergence