$SPCX Perp – Short Setup
Bias: Short
Entry: 140.10 – 140.25 (market / limit in the current zone)
Stop Loss: 142.05 (above the pink supply zone)
Take Profit: 135.21 (only TP)
Risk : Reward ≈ 1 : 2.7
Reasoning:
Price has recovered strongly from the 130s lows but is now pressing into a clear supply zone (pink box). The structure shows rejection wicks at the highs and the current consolidation is sitting right at the top of the cyan demand/liquidity zone. A clean break and acceptance below 140.10 opens the path for a move back toward the 135.20 liquidity pocket.
Invalidation:
Close above 142.05 on the 15m/1h.
Position sizing: Risk only 0.5–1% of account.
Clean, high-probability short with defined risk and a single clear target. #SPCX
Trade Now 👇
Bias: Short
Entry: 140.10 – 140.25 (market / limit in the current zone)
Stop Loss: 142.05 (above the pink supply zone)
Take Profit: 135.21 (only TP)
Risk : Reward ≈ 1 : 2.7
Reasoning:
Price has recovered strongly from the 130s lows but is now pressing into a clear supply zone (pink box). The structure shows rejection wicks at the highs and the current consolidation is sitting right at the top of the cyan demand/liquidity zone. A clean break and acceptance below 140.10 opens the path for a move back toward the 135.20 liquidity pocket.
Invalidation:
Close above 142.05 on the 15m/1h.
Position sizing: Risk only 0.5–1% of account.
Clean, high-probability short with defined risk and a single clear target. #SPCX
Trade Now 👇
