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$SPK Short 50x – Rejection zone is live.
SPK just dropped from the 0.03583–0.03615 zone. I opened a Short 50x Isolated position.
Trade Plan:
- Entry: 0.03583 – 0.03615
- TP1: 0.03503 (R:R 1:1.0)
- TP2: 0.03471 (R:R 1:1.3)
- TP3: 0.03407 (R:R 1:2.0)
- SL: 0.03695
Why this setup?
- 4h short structure remains intact; daily range-bound backdrop keeps price reacting from 0.03583–0.03615 near 0.03599.
- 15m RSI at 44 shows neutral momentum, leaving room for further downside.
- 15m volume hits 1.13x, with 1.36M traded vs 1.21M expected, confirming real sell-side activity.
My call. Your execution.
Trade here 👇 and Share your take on this setup, and I’ll break it down for you.
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