$SPCXUSDT is a conditional short for me around 133.46, but I would not chase it directly while price is still holding above MA7 131.89.
Bias: Short on bounce
Entry zone: 135.00 to 137.50
Stop: above 140.20
TP1: 131.90
TP2: 130.70
TP3: 126.00 to 123.00 if selling pressure expands
The short setup looks cleaner only if SPCX bounces into the 135 to 137.50 area and fails. Price already rejected from the 24h high near 139.98, and the current pullback shows buyers are losing some momentum. Still, since it is above MA7 and MA25 119.56, I’d keep the stop tight. If it breaks back above 140.20 with volume, I’d cancel the short idea.
Bias: Short on bounce
Entry zone: 135.00 to 137.50
Stop: above 140.20
TP1: 131.90
TP2: 130.70
TP3: 126.00 to 123.00 if selling pressure expands
The short setup looks cleaner only if SPCX bounces into the 135 to 137.50 area and fails. Price already rejected from the 24h high near 139.98, and the current pullback shows buyers are losing some momentum. Still, since it is above MA7 and MA25 119.56, I’d keep the stop tight. If it breaks back above 140.20 with volume, I’d cancel the short idea.