$SPCXB just delivered a textbook rejection off the upper supply zone! After a Change of Character (CHoCH) and Break of Structure (BOS), price swept liquidity at the 118.00 level only to dump aggressively with heavy bearish volume.
🎯 Trade Plan Idea
Bias: Bearish / Short
Entry Zone: Retest of $115.50 – $116.80 (if pullback occurs)
Stop Loss (SL): Above $118.50 (Above recent high / supply block)
Take Profit (TP 1): $112.20
Take Profit (TP 2): Test of the Weak Low below $112.00
$BTC $ETH
🎯 Trade Plan Idea
Bias: Bearish / Short
Entry Zone: Retest of $115.50 – $116.80 (if pullback occurs)
Stop Loss (SL): Above $118.50 (Above recent high / supply block)
Take Profit (TP 1): $112.20
Take Profit (TP 2): Test of the Weak Low below $112.00
$BTC $ETH