2026-01-07 09:37:38

$SPK is brewing for a breakout. This coin has been under pressure from the 50-day moving average (a key resistance), and since reaching a new all-time high last year, it has been in a correction phase. Technically, this moving average acts like a solid ceiling, but now there are signs of a breakout.

Once the breakout is confirmed, especially with increasing volume, $SPK is very likely to rebound to its previous all-time high levels. More aggressive traders are betting that it can continue to surge, even reaching the $1 mark.

This pattern has appeared before—similar to the $RIVER rally, where a breakout momentum indeed led to a significant upward move. The key is whether the breakout can be sustained and whether it can hold above this moving average. If it does, the potential for further gains is promising. Currently, we are just waiting for a confirmation signal.

SPK1,03%

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GateUser-5854de8b

· 01-10 02:43

Is the 50-day moving average about to break again? The last time I heard this kind of talk was last year, and what happened then... But if trading volume picks up, it might be worth watching. Anyway, let's just wait and see.

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bridge_anxiety

· 01-08 07:17

It's the same old story, waiting until the flowers have withered away.

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NullWhisperer

· 01-07 10:06

50-day ceiling's looking interesting but let's see if volume actually backs this thing up, technically speaking the pattern checks out—though i've seen plenty of "imminent breakouts" fizzle out at the worst possible moment, ngl

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gas_fee_trauma

· 01-07 10:06

Can the 50-day moving average hurdle be broken? I don't believe it. $RIVER was also hyping it up before. --- Waiting for confirmation signals again. You all wait, I'll just go ahead and buy first. --- $1? You're dreaming. It's even hard to return to the all-time high. --- The ceiling is the ceiling. I don't see this breakout as promising. --- Trading volume needs to match; just breaking through isn't enough. I've learned that lesson. --- Let's wait and see. Anyway, I don't dare to chase high; I'm afraid of getting caught. --- Thinking back to $RIVER's surge, they also spoke quite nicely back then... --- It can't break through. I feel it might still fall. Don't ask me how I know. --- Aggressive traders are just gamblers. I won't learn that way.

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OfflineNewbie

· 01-07 10:05

Wait, can the 50-day moving average really break through? Feels like it's been suppressed for so long --- It's another wait for confirmation signals, I'm tired of hearing that phrase... --- $1? Dream on, let's see if it can stabilize first before bragging --- I missed the last wave of River, this time I have to hold onto SPK --- Trading volume needs to keep up, just breaking through without volume is useless --- Talking about breakout signs every day, when will it actually break through? --- Betting on $1, are traders really brave or just foolish? --- A new all-time high is just a hurdle, it always gets stuck here --- Speaking of which, if it stabilizes, it's really worth looking forward to --- How much effort does it take to smash through the 50-day moving average ceiling?

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GweiWatcher

· 01-07 10:03

Another set of "breaking the ceiling" statements, always saying it this way, why has it never actually happened... --- $1? Dream on, buddy. First break the 50-day moving average before bragging. --- Wait, does this pattern really look like that wave of $RIVER? Why do I feel it's not that simple? --- Just need volume to cooperate? Then where's the volume? Screenshot it, brother. --- Talking all fancy, better to honestly wait for a breakout signal before talking big. --- Even with new all-time highs, it’s already pulled back so much, still want to hit $1... That’s a pretty aggressive move. --- Anyway, I don’t believe it anymore. Last time I heard this talk, I got trapped. --- The 50-day moving average is indeed key, but breaking it is the real test. Don’t overthink it. --- $SPK this coin... has some potential. Let’s keep observing. --- Aggressive traders have probably already bottomed out, and we’re still analyzing charts here.

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