Update on $SPK

After a sharp spike to $0.06382, the daily candle is now red and engulfing the previous momentum, suggesting signs of fading bullish momentum.

The 1-hour timeframe is already making lower highs.

If $0.0450 fails to hold on a 4-hour close, the next logical floor is the $0.0360 structural support.

Note: $SPK is highly volatile. Shorting after a parabolic run is high-risk due to potential short squeezes.

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SPKUSDT

Perp

0.03747

-0.58%