I’m looking at $SPCXB /USDT on the 15m chart, and price has just pulled sharply down to 152.42 after failing to hold the recent 152.47–152.52 area. The interesting part for me is that price is now sitting almost directly on the visible MA60 at 152.41.
I’d rather watch this support reaction than chase the drop. The latest red volume bar is noticeably larger than the previous bars, so I want to see whether buyers actually defend this area.
📍 Entry: 152.41–152.42
🎯 TP1: 152.44
🎯 TP2: 152.47
🎯 TP3: 152.49
🛑 Invalidation: 152.39
For me, the setup becomes more attractive if price holds around 152.41–152.42 and starts reclaiming 152.44. A move back toward 152.47 would then be the next area I’d watch, with 152.49 and 152.52 visible above.
If price loses 152.39, I’d step away from this setup because the visible MA60 support would no longer be holding.
I’m watching the reaction around MA60 closely rather than forcing an entry. Confirmation matters more than chasing this move.
I’d rather watch this support reaction than chase the drop. The latest red volume bar is noticeably larger than the previous bars, so I want to see whether buyers actually defend this area.
📍 Entry: 152.41–152.42
🎯 TP1: 152.44
🎯 TP2: 152.47
🎯 TP3: 152.49
🛑 Invalidation: 152.39
For me, the setup becomes more attractive if price holds around 152.41–152.42 and starts reclaiming 152.44. A move back toward 152.47 would then be the next area I’d watch, with 152.49 and 152.52 visible above.
If price loses 152.39, I’d step away from this setup because the visible MA60 support would no longer be holding.
I’m watching the reaction around MA60 closely rather than forcing an entry. Confirmation matters more than chasing this move.