⚠️ $SPCX — Bearish Rejection Setup
SHORT $SPCX
Entry: $130.68 – $133.32
SL: $144.00
🎯 Take Profit:
- TP1: $128.00
- TP2: $125.00
- TP3: $120.00
$SPCX is retesting a key supply zone where the latest recovery is beginning to fade. Sellers are starting to absorb demand as buyers struggle to extend the rebound through this resistance area.
If supply continues to hold, the next rotation could sweep toward the lower liquidity and support levels.
Key Level
🔑 $133.32 — Continued rejection from the upper entry zone strengthens the bearish thesis.
Trade Management
Wait for bearish confirmation around the $130.68–$133.32 entry zone rather than chasing. Consider taking partial profits at each target and protecting the remaining position as price moves lower.
⚠️ Risk Note: A decisive move above $144.00 invalidates the setup. Keep position sizing appropriate to your risk.
Bearish bias favored while supply holds.
Sell and Trade $SPCX here 👇
DYOR
SHORT $SPCX
Entry: $130.68 – $133.32
SL: $144.00
🎯 Take Profit:
- TP1: $128.00
- TP2: $125.00
- TP3: $120.00
$SPCX is retesting a key supply zone where the latest recovery is beginning to fade. Sellers are starting to absorb demand as buyers struggle to extend the rebound through this resistance area.
If supply continues to hold, the next rotation could sweep toward the lower liquidity and support levels.
Key Level
🔑 $133.32 — Continued rejection from the upper entry zone strengthens the bearish thesis.
Trade Management
Wait for bearish confirmation around the $130.68–$133.32 entry zone rather than chasing. Consider taking partial profits at each target and protecting the remaining position as price moves lower.
⚠️ Risk Note: A decisive move above $144.00 invalidates the setup. Keep position sizing appropriate to your risk.
Bearish bias favored while supply holds.
Sell and Trade $SPCX here 👇
DYOR