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$SPK Signal】Short squeeze retracement, ambush for a second surge
$SPK 1H timeframe high-level oscillation, 4H Bollinger Bands widening significantly, price has broken out of the upper band. RSI soared to 88, clear divergence in buying volume, but funding rate -1.93% reveals a short squeeze dilemma.
🎯Direction: Pullback to go long
⚡Entry/Order: Within the 0.0340 - 0.0514 range, prioritize ambush around 0.0450.
🛑Stop loss: 0.0282
🚀Target 1: 0.0456
🚀Target 2: 0.0514
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss t