🔴 $SPCX FACES PREMIUM SUPPLY RETEST AS BEARISH MARKET STRUCTURE EXPANDS! 📉
Entry: 173.3 - 177.2 ⚡
Target: 169.2 / 142.4 / 126.5 🎯
Stop Loss: 179.8 ⚠️
📌 Price action has retraced directly into a high-timeframe supply block between 173.3 and 177.2, where institutional sell-side interest remains prominent. 🔍 upside momentum is visibly exhausting into overhead liquidity pools, signaling potential distribution before a deeper structural unwind.
💡 Defending the invalidation level at 179.8 keeps the asymmetrical risk-to-reward skewed heavily downward toward unmitigated liquidity targets at 142.4 and 126.5. 💬 Are you capitalizing on this distribution zone or waiting for lower timeframe confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #Bearish #MarketStructure
🔻 📉
Entry: 173.3 - 177.2 ⚡
Target: 169.2 / 142.4 / 126.5 🎯
Stop Loss: 179.8 ⚠️
📌 Price action has retraced directly into a high-timeframe supply block between 173.3 and 177.2, where institutional sell-side interest remains prominent. 🔍 upside momentum is visibly exhausting into overhead liquidity pools, signaling potential distribution before a deeper structural unwind.
💡 Defending the invalidation level at 179.8 keeps the asymmetrical risk-to-reward skewed heavily downward toward unmitigated liquidity targets at 142.4 and 126.5. 💬 Are you capitalizing on this distribution zone or waiting for lower timeframe confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #Bearish #MarketStructure
🔻 📉
