SPK

--

--

📊 $SPK /USDT Market Snapshot

Metric Value

Last Price $0.09182

Mark Price $0.09181

24h Change +5.17% (Rs26.03)

24h High $0.09647

24h Low $0.08432

Volume (SPK) 1.90B

Volume (USDT) $173.63M

Recent Volume 43.94M

MA(5) Volume 43.73M

MA(10) Volume 56.19M

---

🔍 Key Support & Resistance Levels

🔺 Resistance:

$0.09440 – Minor local resistance

$0.09647 – 24h high

$0.09708 – Depth resistance

$0.10000+ – Psychological round level

🔻 Support:

$0.08906 – Minor support

$0.08639 – Mid-range support

$0.08432 – 24h low

$0.08371 – Historical bounce area

---

🧠 Technical Insights

Price has bounced ~9% from the 24h low and is now consolidating near mid-resistance.

Current volume matches MA(5) (≈44M), suggesting steady but not explosive momentum.

MA(10) volume is still higher, which may mean momentum is cooling unless fresh buying kicks in.

Trend bias: Bullish above $0.089; cautious if price dips below $0.084.

---

🛠️ Trade Setups

🔹 1. Breakout Long Setup

Entry: On breakout above $0.09650–$0.09710

Stop-loss: Below $0.09180

Targets:

TP1: $0.1000 (psychological)

TP2: $0.1050

TP3: $0.1125 (extension zone)

📌 Look for volume > 56M (MA(10)) on breakout.

---

🔹 2. Pullback Long Setup

Entry: $0.08650–$0.08900

Stop-loss: Below $0.08350

Targets:

TP1: $0.09180

TP2: $0.09440

TP3: $0.09650

📌 Ideal for those waiting for price to reload on support.

---

🔹 3. Range Short Setup

Entry: Near $0.09600–$0.09700 (if repeated rejection)

Stop-loss: Above $0.09800

Targets:

TP1: $0.09180

TP2: $0.08900

TP3: $0.08650

📌 Use only if volume stalls at resistance and BTC/market sentiment weakens.

---

📋 Strategy Summary

Trade Type Entry Zone Stop-Loss Target Range

Breakout Long > $0.0965–$0.0970 < $0.0918 $0.10 → $0.105 → $0.1125

Pullback Long $0.0865–$0.0890 < $0.0835 $0.0918 → $0.0944 → $0.0965

Range Short $0.0960–$0.0970 > $0.0980 $0.0918 → $0.0890 → $0.0865

#spkusd #SPKUPDTE22JULY2025 #MarketPullback #ETHCorporateReserves #Write2Earn