🔴 $SPCX SHORT CONTINUES – WHALES CAPITALIZING ON RETAIL LONG BETS! 📉
Entry: 116.50 - 118.50 ⚡
Target: 104.00 🚀
Stop Loss: 122.00 ⚠️
📉 Daily structure has been screaming lower since June, with price suppressed below the MA(99) after peaking at $176.95. The 4H short setup remains intact, and the 116.50–118.50 resistance zone is holding like concrete. 🦈 Volume reading at 0.41x on the 15m confirms real sell-side pressure — whales are heavily short while retail fights the trend. RSI at 47.8 leaves room for another leg down.
💡 The consolidation above recent lows without reclaiming moving average resistance signals distribution, not accumulation. 💬 Are you shorting here or waiting for the breakdown below $113? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #Downtrend #Crypto #Trading
🦈 📉
Entry: 116.50 - 118.50 ⚡
Target: 104.00 🚀
Stop Loss: 122.00 ⚠️
📉 Daily structure has been screaming lower since June, with price suppressed below the MA(99) after peaking at $176.95. The 4H short setup remains intact, and the 116.50–118.50 resistance zone is holding like concrete. 🦈 Volume reading at 0.41x on the 15m confirms real sell-side pressure — whales are heavily short while retail fights the trend. RSI at 47.8 leaves room for another leg down.
💡 The consolidation above recent lows without reclaiming moving average resistance signals distribution, not accumulation. 💬 Are you shorting here or waiting for the breakdown below $113? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #Downtrend #Crypto #Trading
🦈 📉