🚨 $SPCX SELLING PRESSURE AT RESISTANCE – MOMENTUM FADING FAST! 📉
Entry: 131.50 - 133.20 ⚡
Target 1: 128.00 🎯
Target 2: 124.00 🚀
Target 3: 115.00 💥
Target 4: 105.00 🪂
Stop Loss: 142.00 🛑
📉 The $132.40 resistance zone is acting like a glass ceiling – each test brings weaker bids and heavier supply. 📊 Momentum is rolling over on the 4H with lower highs stacking, while a decisive break below $128 opens the floodgates for institutional short sellers to chase liquidity pools lower.
💡 This is a textbook failed breakout scenario: reclaiming $136 flips the thesis, but until then, the path of least resistance is down. 🔍 Watch for a cascade if $128 snaps – that's where the next wave of stop hunts begins. 💬 Are you fading this resistance or waiting for the structure break confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #Bearish #Crypto #ResistanceFade
🐻 📉
Entry: 131.50 - 133.20 ⚡
Target 1: 128.00 🎯
Target 2: 124.00 🚀
Target 3: 115.00 💥
Target 4: 105.00 🪂
Stop Loss: 142.00 🛑
📉 The $132.40 resistance zone is acting like a glass ceiling – each test brings weaker bids and heavier supply. 📊 Momentum is rolling over on the 4H with lower highs stacking, while a decisive break below $128 opens the floodgates for institutional short sellers to chase liquidity pools lower.
💡 This is a textbook failed breakout scenario: reclaiming $136 flips the thesis, but until then, the path of least resistance is down. 🔍 Watch for a cascade if $128 snaps – that's where the next wave of stop hunts begins. 💬 Are you fading this resistance or waiting for the structure break confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #Bearish #Crypto #ResistanceFade
🐻 📉