🚀 $SPK USDT — LONG SETUP
🟢 LONG ENTRY: 0.02405 – 0.02435
🛑 STOP LOSS: 0.02355
🎯 TP1: 0.02490
🎯 TP2: 0.02550
🎯 TP3: 0.02640
Invalidation: 15M close below 0.02355.
SPK is holding above the MA(7), MA(25) and MA(99) on the 15M chart, while price continues consolidating after the sharp breakout.
The structure still favors the bulls, but with RSI around 71, I’d avoid chasing the candle and look for a controlled entry/retest.
🔥 Why this setup? • Price remains above the major moving averages
• 0.0240 is acting as a near-term support zone
• Consolidation after the impulse move can lead to continuation
• Previous high at 0.02645 is the major liquidity/target zone
⚠️ Risk management: Don't chase if price pumps directly into resistance. Wait for the entry zone or a confirmed breakout + retest.
SPK bulls need to hold 0.0240 — break 0.02645 and the setup gets explosive. 📈
🟢 LONG ENTRY: 0.02405 – 0.02435
🛑 STOP LOSS: 0.02355
🎯 TP1: 0.02490
🎯 TP2: 0.02550
🎯 TP3: 0.02640
Invalidation: 15M close below 0.02355.
SPK is holding above the MA(7), MA(25) and MA(99) on the 15M chart, while price continues consolidating after the sharp breakout.
The structure still favors the bulls, but with RSI around 71, I’d avoid chasing the candle and look for a controlled entry/retest.
🔥 Why this setup? • Price remains above the major moving averages
• 0.0240 is acting as a near-term support zone
• Consolidation after the impulse move can lead to continuation
• Previous high at 0.02645 is the major liquidity/target zone
⚠️ Risk management: Don't chase if price pumps directly into resistance. Wait for the entry zone or a confirmed breakout + retest.
SPK bulls need to hold 0.0240 — break 0.02645 and the setup gets explosive. 📈
