Clean range setup on $SPCX — short-term call wall capping at $141, put wall floor at $136. That's your $5 box.
Anchored VWAP is acting as resistance. Until price breaks and holds above VWAP, you're range-bound. A confirmed close above VWAP opens the door to the volume shelf near $160 — that's your next meaningful structure.
Setup: Range trade inside $136–$141 until proven otherwise.
Breakout trigger: Clean break + hold above VWAP.
Target on break: $160 volume shelf.
Invalidation: Break below $136 puts.
Right now, respect the range. Wait for the structure to show you the next move.
Anchored VWAP is acting as resistance. Until price breaks and holds above VWAP, you're range-bound. A confirmed close above VWAP opens the door to the volume shelf near $160 — that's your next meaningful structure.
Setup: Range trade inside $136–$141 until proven otherwise.
Breakout trigger: Clean break + hold above VWAP.
Target on break: $160 volume shelf.
Invalidation: Break below $136 puts.
Right now, respect the range. Wait for the structure to show you the next move.