🔴 $SPCX SHORT SETUP TARGETING EMA50/200 BREAKDOWN 💥
Entry: 133.83210-134.28790 ⚡
Target: 130.62242 🎯
Target: 128.33070 🎯
Target: 124.89312 🎯
Stop Loss: 138.64344 ⚠️
📊 The 4H chart sits firmly below EMA50 and EMA200, confirming a down‑swing bias and giving sellers the edge. ⚡ With BTC on the rise (corr 0.63), the coin is likely to trail, reinforcing the short thesis. 📌 Entry band hugs recent resistance, while three tiered profit targets lock in incremental gains as price tests lower liquidity pools. 🌊 Scaling out 50 % at TP1, then 25 % at each subsequent level, tightens risk as the stop moves to breakeven.
💬 Do you agree this short can survive the BTC rally? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #Crypto #TechnicalAnalysis
🔥 🦈
Entry: 133.83210-134.28790 ⚡
Target: 130.62242 🎯
Target: 128.33070 🎯
Target: 124.89312 🎯
Stop Loss: 138.64344 ⚠️
📊 The 4H chart sits firmly below EMA50 and EMA200, confirming a down‑swing bias and giving sellers the edge. ⚡ With BTC on the rise (corr 0.63), the coin is likely to trail, reinforcing the short thesis. 📌 Entry band hugs recent resistance, while three tiered profit targets lock in incremental gains as price tests lower liquidity pools. 🌊 Scaling out 50 % at TP1, then 25 % at each subsequent level, tightens risk as the stop moves to breakeven.
💬 Do you agree this short can survive the BTC rally? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #Crypto #TechnicalAnalysis
🔥 🦈
