$SPK / Establishing a USDT base with a gradual upward recovery

SPK shows signs of recovery after forming a short-term base on a 1-hour timeframe. The price has shifted from aggressive selling to a stable higher low structure, indicating improved buyer strength.

Structure Overview

Slowing bearish momentum

Lower highs beginning to form

Buyers are regaining control in the short term

Key Levels

Support area 0.0210 – 0.0215

Resistance area 0.0230 – 0.0245

Trade Setup

Entry area 0.0218 – 0.0226

Targets

TP1 0.0230

TP2 0.0240

TP3 0.0255

Forecast

If SPK holds above the support area of 0.021, the price may continue its recovery towards the upper resistance range. A confirmed break above 0.0230 could trigger stronger bullish momentum.