$SPCX 🔴 SPCX/USDT – Short Setup

Direction: Bearish 📉

Entry: 129.20 – 130.50
TP1: 125.00
TP2: 120.00
TP3: 115.00
Stop Loss: 132.20

Setup Logic:

✅ Price is testing the 130.80 resistance zone after a sharp rally.

✅ The long upper wick suggests selling pressure near resistance.

✅ A rejection below 130.80 could trigger a pullback toward the 120 support area.

✅ A strong 4H close above 132.20 would invalidate the bearish setup and favor further upside.

⚠️ Always use proper risk management and never risk more than 1–2% of your capital on a single trade.

NFA | DYOR$SPCX #GoldBreaksOutFromJanuaryDowntrend