$SPK just printed a parabolic move followed by a sharp rejection from the top, and now we’re seeing consecutive lower highs with fading momentum classic distribution after a blow-off phase.
Look for a continuation short around 0.036–0.037, targeting a pullback toward 0.032 first, then deeper into 0.028–0.026 if selling pressure accelerates. As long as price stays below the breakdown zone near 0.040, bears remain in control and any relief bounce is likely to get sold into.