SPK is testing a bearish swing after a clear structure break, liquidity sweep on the 4h shows sellers in control.
🔴 $SPK SHORT 📉 — Trade Plan
• Entry: $0.024915 – $0.024965
• Stop: $0.025688 (-3.0%)
• Target 1: $0.024566 (+1.5%)
• Target 2: $0.023693 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A CHoCH confirmed the down move, CVD turned negative confirming volume, an OB aligns with a FVG creating a POI confluence, and the liquidity sweep erased the last bullish imbalance. The market now sits on a tight bearish order block ready to retest lower.
A 3.0% stop is relatively tight, so use no more than 5x leverage to keep margin safe.
Take half profit at the first target around 1.7 R.
As always: manage your risk, this is not financial advice 🙏
$SPK #SPKUSDT #LUNC #TradingSignals #Write2Earn
🔴 $SPK SHORT 📉 — Trade Plan
• Entry: $0.024915 – $0.024965
• Stop: $0.025688 (-3.0%)
• Target 1: $0.024566 (+1.5%)
• Target 2: $0.023693 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A CHoCH confirmed the down move, CVD turned negative confirming volume, an OB aligns with a FVG creating a POI confluence, and the liquidity sweep erased the last bullish imbalance. The market now sits on a tight bearish order block ready to retest lower.
A 3.0% stop is relatively tight, so use no more than 5x leverage to keep margin safe.
Take half profit at the first target around 1.7 R.
As always: manage your risk, this is not financial advice 🙏
$SPK #SPKUSDT #LUNC #TradingSignals #Write2Earn