Bopara hits 45 off 20 balls to help Spirit post 139-6
Phoenix slip to 34-4 in reply before Wade's sublime 81 off 42 gets them close
Phoenix then hit five off the final five to secure dramatic one-wicket win
Rockets now guaranteed top spot and place in Saturday's final; Spirit will go into eliminator
Phoenix not yet eliminated but need Originals v Invincibles on Wednesday to end in either a tie or be washed out to go through
Wednesday's games: Superchargers v Brave women (11:30 BST) & men (15:00); Originals v Invincibles women (15:00) & men (18:30)
Mousley b Crane 2 (Phoenix 91-6)
But the wickets continue to tumble at the other end.
A lovely ball from Mason Crane who finds some spin and bounce to completely baffle Dan Mousley and the ball clatters into his stumps.
Spirit strike at an important moment once more.
Target 140
Another reverse sweep, another four!
Matthew Wade really fancies this. Eoin Morgan's men are under pressure again.
Daniel Norcross
BBC Radio
Wade's terrific innings continues.
Target 140
Matthew Wade is seeing the ball so well that he's even able to hit boundaries without the bat in his hand.
He flicks Jordan Thompson for four more with such authority that the bat flies out of his hands.
That takes him to 63 from just 30 balls.
D'Oliveira c Morgan b Thompson 8 (Phoenix 78-5)
That's what he's got! Eoin Morgan takes a good catch and Spirit are back in control.
It's Jordan Thompson again with the important breakthrough and while it wasn't the big wicket of Wade, there was a handy partnership building for Phoenix.
Target 140
And four more!
Matthew Wade is playing a blinder here. They are not giving up.
Eoin Morgan, what have you got?
Phoenix 73-4
How many times do we see it?!
Dropped one ball, and he smashes the next for six! And with that, Matthew Wade brings up a valuable half-century. Can he see the Phoenix home?
Daniel Norcross
BBC Radio
That is a horrible drop.
Phoenix 67-4
Oh, Nathan Ellis!
How costly could that prove to be? Matthew Wade miscues one high in the air and Ellis sets himself in a good position underneath it but it somehow just plops out of his hands!
He cannot believe it.
Image source, BBC SportTarget 140
Half way.
Phoenix are a long way off but Matthew Wade is still there.
Remember they need to win this within 73 balls (with 27 balls left) to stay in the competition. So in a nutshell, they need to get a move on.
Target 140
While Matthew Wade is the key for Phoenix, Liam Dawson is proving to be the key for Spirit.
He has taken three wickets for just eight runs from 15 balls so far, and Eoin Morgan takes a gamble by bowling him straight through.
Abhishek Jhunjhunwala
Former IPL batter on BBC Radio
Wade is the key here. He needs to hit a lot of big blows if they want to chase the total down.
Target 140
Impressive from Nathan Ellis, who recovers very nicely having been absolutely hammered out of the ground. That must be such a demoralising sight.
Henry Moeran
BBC Radio
Hammered out of the stadium! Over the roof and out of the park. Incredible from Wade.
Oh my word.
That is HUGE.
Matthew Wade has hit the ball out of Lord's!
Henry Moeran
BBC Radio
Somehow Wade does pierce that gap with a shot that is proving more profitable.
Target 140
Same shot, same result for Matthew Wade. I don't think Spirit will feel comfortable until he's back in the dugout.
It feels like Phoenix's hopes lie solely on Matthew Wade's shoulders here.
He expertly reverse-sweeps Dan Lawrence's second ball for four.
Ravi Bopara's 45 from 20 balls is looking increasingly valuable by the minute.