$SPK is showing bullish continuation after rejection from a strong resistance zone. Price is trading below EMA50 & EMA200, confirming upside pressure.
📉 Setup:
Clear rejection from resistance
Lower highs structure forming
Weak momentum + selling dominance
🎯 Targets:
TP1: 0.0515
TP2: 0.0450
⚠️ Strategy:
Look for short entries on pullbacks
Wait for retest + rejection confirmation
Keep stop-loss above 0.0670
🔥 Alternative Scenario:
Break above resistance → potential bullish reversal
⚠️ Note: Don’t chase trades — manage risk and leverage wisely!
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SPKUSDT
Perp
0.03657
+2.66%