Most traders are quick to fade range-bound coins, but
$SPCX is starting to challenge that idea.
๐ข **LONG
$SPCX /USDT**
Bias: Mildly bullish
๐ Entry Zone: $151.82 โ $151.90
๐ฏ TP1: $153.05
๐ฏ TP2: $153.80
๐ฏ TP3: $154.95
๐ SL: $150.30
Only enter inside the zone. Consider taking partial profit at TP1, then moving the stop toward breakeven if momentum continues. Conviction is moderate, so keep the position size light.
**Why the long setup?**
- The 4H structure remains bullish, with price above the EMA50 and EMA200.
- The 15M ADX is showing moderate trend strength, while DI+ remains ahead of DIโ.
- The 4H RSI is holding above the bullish momentum zone.
- Four of eleven signals are bullish, with no direct bearish signals and the rest undecided.
The bigger picture is still range-bound, but the lower-timeframe trend is leaning upward. A breakdown from the daily range would invalidate this long idea.
Trade
$SPCX here ๐
#SPCX $AGT