$SPK — Bullish Recovery From Support | Range High Continuation Setup
Long $SPK
• Entry: 0.0216 – 0.0222
• Stop Loss: 0.0209
Targets:
• TP1: 0.0230
• TP2: 0.0240
$SPK is trading back near the upper range after a clean and healthy pullback, followed by a strong rebound candle — a clear sign that buyers are stepping in aggressively. Price is holding above the short-term support base, maintaining a bullish structure.
The recovery from support suggests accumulation rather than distribution, and as long as price continues to hold above the 0.0210–0.0212 demand zone, continuation toward the range highs remains the higher-probability scenario.
The bullish bias remains valid while SPK stays above 0.0209. Manage risk carefully, secure partial profits near resistance, and avoid excessive leverage as price approaches the upper range.
Trade SPK here 👇
