I’m seeing a lot of people chasing $SPK ‌ right now but the chart is telling a different story.

This pump from $0.019 up to $0.064 was absolutely insane, but we are finally seeing the inevitable cooldown. We’re down about 13% today and sitting at $0.044. That massive red wick at the top is a clear sign that the big players took their profits and left the retail crowd holding.
Volume is still high at over $33M, so there is interest, but look at the order book. It’s almost perfectly split 50/50. Nobody knows where this is going next. If we don’t find support at this $0.040 level, we could easily slide back down to $0.035 to fill that gap.
I’m staying away from the buy button until the dust settles. Catching a falling knife on a parabolic move like this is how accounts get blown.
Did you catch the top or are you waiting for the dip to buy in?

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