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【$SPK Signal】1H level short squeeze breakout, continuation of long chasing game
$SPK 1H level price has already broken above the Bollinger upper band at 0.0333, RSI has soared to 77, initial signs of buy-side gap.
4H level MACD histogram is still expanding, but buy-side depth is unbalanced at -8.37%, active selling pressure is beginning to accumulate.
Price around 0.03314 can directly chase longs, with support placed below 0.02517.
First target is 0.03341, second target is 0.03354.
🛡️Trading management: - Execution strategy: Half position at the first target, move stop-loss to cost.
If the price falls back into the entry zone, exit unconditionally.
The 1H EMA20 and EMA50 are in a healthy bullish arrangement, but volume has shrunk after the rally, so the depth of capital support needs observation.
This position's risk-reward ratio is not ideal; it’s purely a momentum and inertia gamble, so keep the position light.
View real-time quotes 👇 $SPK
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