$SPK is still hot… but careful here 🔥
This has been a clean bullish run — strong higher highs, riding MA7 perfectly. That’s why price moved fast from ~0.025 → 0.063. Pure momentum.
But now we’re seeing the first signs of slowdown near the top. Small rejection + slight pullback — nothing bearish yet, just early cooling.
The key thing here is MA7 👇
As long as price holds above it, trend stays strong and continuation is still possible.
But if MA7 breaks down, that’s usually the first signal momentum is weakening. In that case, expect a pullback toward:
0.0507 – 0.048 zone (first reaction)
and possibly 0.045 area if selling increases.
That wouldn’t break the trend — just a healthy correction after a big move.
Simple view:
Hold MA7 → trend continues 🚀
Lose MA7 → short-term correction
Right now, it’s still bullish… just not the best spot to chase blindly.