$SPK Signal】Short squeeze continues, 1H timeframe breaks out strongly


$SPK 1H timeframe RSI surges to 85.2, price has broken above the upper Bollinger Band. The MACD histogram continues to expand, indicating bullish momentum remains intact.

Funding rate -0.0062%, short positions face ongoing squeezing.

Current price 0.03672, go long directly, target zone 0.03654 - 0.03690.

🛑Set stop loss below 0.03624.

🚀First target at 0.03823, second target at 0.03889.

🛡️Trade management: - Execution strategy: After reaching target 1, halve the position size, and move the stop loss to the entry price. If the price falls back to the cost basis, exit unconditionally.

Order book depth is balanced, but in a negative funding rate environment, passive short covering may generate additional upward pressure. The 1-hour EMA20 and EMA50 are in a bullish alignment, with the price running along the upper band. Under this structure, guessing the top too early risks missing the entire acceleration move; the risk-reward ratio remains favorable.

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