🚨 $SPCX RUNS INTO HEAVY OVERHEAD SELLING AS RECOVERY BID CRUMBLES! 📉
Entry: 145.78 - 150.22 🔴
Target: 143.56 - 136.16 🎯
Stop Loss: 161.0 🛑
Sellers are aggressively defending this upper range, turning every relief bounce into distribution liquidity. 📊 The failed reclaim highlights clear buyer fatigue, exposing lower structural support levels.
Momentum is tilting sharply downward as the bid depth thins out beneath this consolidation block. ⚡ When price action struggles to absorb passive selling this high, the path of least resistance stays decisively down.
🤔 Are you pressing the short side here or waiting for a deeper liquidity sweep at support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #Bearish #PriceAction #Crypto
🎯 🐻
Entry: 145.78 - 150.22 🔴
Target: 143.56 - 136.16 🎯
Stop Loss: 161.0 🛑
Sellers are aggressively defending this upper range, turning every relief bounce into distribution liquidity. 📊 The failed reclaim highlights clear buyer fatigue, exposing lower structural support levels.
Momentum is tilting sharply downward as the bid depth thins out beneath this consolidation block. ⚡ When price action struggles to absorb passive selling this high, the path of least resistance stays decisively down.
🤔 Are you pressing the short side here or waiting for a deeper liquidity sweep at support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #Bearish #PriceAction #Crypto
🎯 🐻