🪙 ASSET: $SPCX /USDT 4H (Binance Perpetual — SpaceX Pre-IPO)

​🔴 DIRECTION: SHORT (Short position)

​📉 TREND: Downtrend since June (200 → 132). Rebound from 104 is wrapping up — double rejection at 140. TradingView: targeting $121.50, corrective move ~21%. Thin liquidity, arbitrage selling pressure. EMA20 crossed below EMA50, SuperTrend is bearish.

​🎯 Entry: 135.00 – 140.00

​🔴 Stop Loss: 145.00

​🟢 Take Profits:

​TP1: 125.00 — support zone

​TP2: 121.50 — TradingView target (~21% correction)

​TP3: 105.79 — 52w low / ATL retest

​🔑 Levels:

​SL (145.00): Above $140 resistance + fakeout protection

​Entry (135.00–140.00): Resistance/consolidation zone

​Resist (140.00): Key resistance (double rejection)

​Support (125.00): First support level

​52w Low (105.79): Yearly minimum

​R/R: 1:2.0 → 1:5.4 | ⚠️ Pre-IPO perp, thin liquidity — low leverage only!

​⚠️ This analysis is not financial advice. Trade at your own risk.$SPCX