$SPK Just now I watched that K-line for several seconds.
The price pushed up to around $0.02347, but it failed to hold and got pushed back. Now it’s at $0.02290, forming a very clear upper wick.
In plain terms, this pattern means: someone was selling heavily at that price level, pushing the price down. There are real sell orders above.
In the last 24 hours: +29.1%. The long/short ratio is 52% long, and the trading volume is $53 million.
Next I’ll watch the support at $0.01684—if it holds, this might just turn into sideways digestion. If it breaks, then this move could get a bit troublesome.
Click the small card below to quickly check the market👇
$SPK #SPK #crypto market
The price pushed up to around $0.02347, but it failed to hold and got pushed back. Now it’s at $0.02290, forming a very clear upper wick.
In plain terms, this pattern means: someone was selling heavily at that price level, pushing the price down. There are real sell orders above.
In the last 24 hours: +29.1%. The long/short ratio is 52% long, and the trading volume is $53 million.
Next I’ll watch the support at $0.01684—if it holds, this might just turn into sideways digestion. If it breaks, then this move could get a bit troublesome.
Click the small card below to quickly check the market👇
$SPK #SPK #crypto market