SPK: Shrinking Bullish Momentum Confirms DowntrendSPK / TetherUSBINANCE:SPKUSDTbiodunoladokunSPK continues to show signs of weakening as the Elder-Ray Index reflects a steady decline in bullish momentum. While the indicator has consistently printed green bars—generally interpreted as a sign of buyer strength—their diminishing size over recent sessions tells a different story. This contraction in bullish pressure suggests that buyers are gradually losing control, with each session offering less support for a price rebound. The indicator’s trend mirrors SPK’s broader market behavior, adding further weight to the token’s bearish outlook. Traders should remain cautious, as the fading strength from bulls reinforces the prevailing downtrend.