$SPK is moving fast right now 🔥
Price is up around 30% and just pushed to a fresh 24h high near $0.02348.
What caught my eye is the volume. The breakout came with a clear increase in trading activity and price has kept making higher highs on the 1h chart.
But after a move this sharp I would not chase the candle blindly.
I would watch whether $SPK can hold above the breakout area around $0.0203. If buyers defend that zone and volume stays strong the move could have more room.
If it loses that area then a deeper pullback would not surprise me.
For me the key now is simple: does $SPK hold the breakout or give back the move?
#BitcoinStrongestWeekSinceMarch2023 #AnthropicIPOCouldTopSpaceXRecordReportsSay #NvidiaAIServerPricesRiseOver15% #BSTREndsCantorSPACGoPublicPlan #SandboxSANDSuspectedInfiniteMintFlawOnBase
Price is up around 30% and just pushed to a fresh 24h high near $0.02348.
What caught my eye is the volume. The breakout came with a clear increase in trading activity and price has kept making higher highs on the 1h chart.
But after a move this sharp I would not chase the candle blindly.
I would watch whether $SPK can hold above the breakout area around $0.0203. If buyers defend that zone and volume stays strong the move could have more room.
If it loses that area then a deeper pullback would not surprise me.
For me the key now is simple: does $SPK hold the breakout or give back the move?
#BitcoinStrongestWeekSinceMarch2023 #AnthropicIPOCouldTopSpaceXRecordReportsSay #NvidiaAIServerPricesRiseOver15% #BSTREndsCantorSPACGoPublicPlan #SandboxSANDSuspectedInfiniteMintFlawOnBase
