🔻 SPK just crashed 16.71% but volume EXPLODED to 2.6x normal. That kind of volume spike on a massive drop usually marks something. But what?
The setup:
→ Price at $0.0191, below 4H SMA7 ($0.0203)
→ 4H RSI at 52.2 (surprisingly neutral after a 16% crash)
→ Daily RSI at 60.3 — still in bullish territory
→ Daily trend remains a strong uptrend despite today's bloodbath
Why the divergence matters:
The 4H chart says correction but the daily says strong uptrend intact. When timeframes disagree, the higher timeframe usually wins. This could be a violent shakeout designed to flush weak hands before the next leg up.
📋 Trade Plan:
• Entry: $0.0182 - $0.0199 (the blood zone)
• Stop Loss: $0.0169 (below recent support)
• TP1: $0.0198 | TP2: $0.0206 | TP3: $0.0214
• R:R = 0.3:1 (tight — this is a scalp)
This is the kind of setup where you either buy the fear or wait for confirmation at higher levels. There's no middle ground.
Would you buy a 16% dip or wait for more pain? 👇
#SPK #Crypto #DYOR
⚠️ Not financial advice. High volatility demands strict risk management. DYOR.