SPCX is looking juicy for a long, just broke out of its market structure and volume is confirming the direction. We've got a clear path to the upside here.
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🟢 SPCX LONG 📈
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📍 Entry Range: $125.6942 – $125.9458
🛑 Stop Loss: $122.0454 (-3.0%)
🎯 TP1: $127.7073 (+1.5%)
🏆 TP2: $132.1110 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 91%
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The setup is firing on all cylinders - we've got a CHoCH signal indicating a break in market structure, CVD confirming the direction with volume, and a juicy FVG to target. The OB and POI confluence is also lining up nicely, making this a high-confidence trade. Structure is looking clean, with a clear level to trade off of.
A 3.0% stop loss feels about right, not too tight, not too wide, and I'd be looking to trade this with 2-3x leverage to maximize the R/R potential of 1:1.7.
I'm thinking of taking some profit off the table at the first target, just to lock in some gains and ride the rest with a bit more breathing room.
Not financial advice — always manage your own risk 🙏
#SPCX #cardanotohandcorecomponentstooutsideteams #TradingSignals #Write2Earn
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🟢 SPCX LONG 📈
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $125.6942 – $125.9458
🛑 Stop Loss: $122.0454 (-3.0%)
🎯 TP1: $127.7073 (+1.5%)
🏆 TP2: $132.1110 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 91%
━━━━━━━━━━━━━━━━━━━━━
The setup is firing on all cylinders - we've got a CHoCH signal indicating a break in market structure, CVD confirming the direction with volume, and a juicy FVG to target. The OB and POI confluence is also lining up nicely, making this a high-confidence trade. Structure is looking clean, with a clear level to trade off of.
A 3.0% stop loss feels about right, not too tight, not too wide, and I'd be looking to trade this with 2-3x leverage to maximize the R/R potential of 1:1.7.
I'm thinking of taking some profit off the table at the first target, just to lock in some gains and ride the rest with a bit more breathing room.
Not financial advice — always manage your own risk 🙏
#SPCX #cardanotohandcorecomponentstooutsideteams #TradingSignals #Write2Earn