IamSteven

Sperax is consolidating in a bullish pennant pattern after a strong recovery rally off the March lows. Price action has tightened between ascending support and descending resistance, forming a textbook continuation setup. Volume has decreased during this compression, which is often a precursor to explosive movement.Fundamental Catalysts (Despite GENIUS Act Stalling):Retail DeFi Narrative is Still Alive – While the GENIUS Act failed in the Senate, the momentum for regulatory clarity in the DeFi space continues. Future bills or executive actions could unlock capital flows to protocols like Sperax.Deflationary Pressure—Over 13% of the total SPA supply has been burned, with more tokens locked and lost. The actual circulating supply is meaningfully lower than the total supply shown on aggregators.SIP-70 has been passed, shifting SPA emissions from an automatic release model to a DAO-controlled emission schedule. This marks a significant milestone towards sustainable tokenomics and the preservation of long-term value.Long-Term Accumulation – Wallet data and order books suggest that whales and long-term holders quietly accumulate during this sideways range.Sperax remains a low-cap token with outsized potential in the next altseason if it secures even one meaningful partnership or fiat on-ramp.

Displaying a Falling Wedge pattern, there will be some downside to come, but after that, we will see a push-up to the north.SUPPORT AT $73,805$111K TP

Despite market chop, SPA is holding strong within a clean falling wedge formation. Im following on from my previous post after a bullish breakout. This move looks far from over. The price action is compressing, volume is thinning, and all signs point to a continuation move on the horizon.SUPPORT @ 0.01067Tested support, its up from here.

This coin exhibits a possible Cup and Handle pattern, signaling a potential bullish breakout. The yellow line is a strong resistance level.This bullish outlook is supported by fundamentals such as Sperax's growth in the DeFi space, mainly through its USDs stablecoin, which positions it as a sustainable alternative to traditional stablecoins. Additionally, broader crypto market recovery, fueled by increased investor interest in altcoins and DeFi innovations, could drive SPA’s upward trajectory. Increased trading volume near the resistance would further confirm the breakout, making this a critical level for potential price movement.Holding position averaged @0.009

With the current news of Charles Hoskinson's announcement, popularity is rising in this coin. This coin will continue to increase after a little retracement from this run. Good Luck!holding position averaged @0.61