📉
#SPCX /
#USDT Short Setup – Is Momentum Losing Strength?
After reviewing the recent price action,
$SPCX appears to be facing strong resistance near the current zone. Buyers are struggling to push higher, while sellers are slowly taking control.
📌 Trade Plan
🔸 Direction: Short
🔸 Entry Zone: 133.40 – 133.85
🔸 Stop Loss: 137.12
🎯 Take Profit Targets • TP1: 131.02
• TP2: 129.27
• TP3: 126.66
📊 Why I'm Watching This Trade
✅ Price is trading below key resistance.
✅ Momentum remains weak despite recent buying attempts.
✅ A break below support could increase selling pressure.
✅ Risk management is more important than chasing the move.
⚠️ No trade setup is guaranteed. Always manage your risk and never trade with money you can't afford to lose.
💬 What's your view?
Will
$SPCX reach TP2 first, or do you expect a bullish recovery before another drop?
#SPCX #USDT $SPCX