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$SPK Still hot... but be careful here 🔥
This has been a clean rally — higher highs strongly, following MA7 perfectly. That’s why the price moved quickly from around 0.025 → 0.063. Pure momentum.
But now we’re seeing the first signs of slowing near the top. Small rejection reactions + slight correction — not a decline, just early cooling off.
The important thing here is MA7 👇
As long as the price stays above it, the trend remains strong and the potential to continue is still there.
But if MA7 breaks down, it’s usually the first signal that momentum is weakening. In that case, expect a correction towards:
the 0.0507 – 0.048 area (first reaction)
and possibly the 0.045 zone if selling pressure increases.
That won’t break the trend — just a healthy correction after a big move.
Simple perspective:
Hold MA7 → trend continues 🚀
Lose MA7 → short-term correction
Currently, it’s still rising… just not the best point to chase blindly.