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$SPK (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 0.03605 - 0.03620
Targets:
TP1: 0.03565
TP2: 0.03535
TP3: 0.03495
Stop Loss: 0.03668
Why this Setup:
I’m leaning short here because price is still respecting a broader range and the latest bounce into resistance looks extended on the intraday chart. I want to fade strength near the top of the range and look for a move back toward the recent support shelf if momentum rolls over.
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