$SPK is showing strong bullish momentum on the 15M chart 📈
Price is currently around $0.02289 after a strong move higher. MACD is turning bullish and price is holding above the Bollinger middle band which keeps the short term structure positive.
The key zone to watch is $0.0230-$0.0232. A clean breakout with strong volume could open the way toward $0.0238 and then the 24H high around $0.02416.
However the KDJ is already in the overbought zone so chasing the current price is risky. A pullback toward $0.0220-$0.0223 could offer a better long entry if support holds.
Support: $0.0220-$0.0223
Resistance: $0.0230-$0.0232
Next target: $0.0238-$0.02416
Bullish above support but watch for rejection near resistance. DYOR.
Price is currently around $0.02289 after a strong move higher. MACD is turning bullish and price is holding above the Bollinger middle band which keeps the short term structure positive.
The key zone to watch is $0.0230-$0.0232. A clean breakout with strong volume could open the way toward $0.0238 and then the 24H high around $0.02416.
However the KDJ is already in the overbought zone so chasing the current price is risky. A pullback toward $0.0220-$0.0223 could offer a better long entry if support holds.
Support: $0.0220-$0.0223
Resistance: $0.0230-$0.0232
Next target: $0.0238-$0.02416
Bullish above support but watch for rejection near resistance. DYOR.
