🚀 $SPCX BUY SIGNAL 📊 | WATCH THIS SUPPORT ZONE!
$SPCX is trading around $149.51, up approximately 4.72% on the screen. After moving toward the $151.20 area, the price has pulled back and is now testing an important short-term support zone. 👀
The next move depends on whether buyers can defend support and push the price back above the Bollinger middle band.
📊 SPCX Technical Analysis (5M)
🟢 Entry Zone: $149.20 – $149.50
🎯 TP1: $149.95
🎯 TP2: $150.50
🎯 TP3: $150.90 – $151.20
🛑 Stop Loss: $148.75
Key Levels to Watch
* Support: $149.20 – $149.25
* Resistance: $149.95 – $150.00
* Major resistance: $150.50 – $151.20
📈 My Strategy:
I would watch for a bullish bounce around $149.20–$149.50 before entering. A strong 5-minute candle close above $149.96, preferably with increasing volume, would provide better confirmation of a recovery.
⚠️ If SPCX breaks below $149.20, the setup becomes weaker. A move below $148.75 invalidates this trade idea.
💡 Remember: The chart shows a pullback, not a confirmed reversal. Wait for confirmation rather than chasing the price. This is a short-term technical setup, not a guaranteed profit signal.
What do you think? Will SPCX bounce toward $150.50, or could sellers push it lower? 👇
#SPCX #CryptoTrading #TradingSignal #TechnicalAnalysis #BinanceSquare #DYOR
$SPCX is trading around $149.51, up approximately 4.72% on the screen. After moving toward the $151.20 area, the price has pulled back and is now testing an important short-term support zone. 👀
The next move depends on whether buyers can defend support and push the price back above the Bollinger middle band.
📊 SPCX Technical Analysis (5M)
🟢 Entry Zone: $149.20 – $149.50
🎯 TP1: $149.95
🎯 TP2: $150.50
🎯 TP3: $150.90 – $151.20
🛑 Stop Loss: $148.75
Key Levels to Watch
* Support: $149.20 – $149.25
* Resistance: $149.95 – $150.00
* Major resistance: $150.50 – $151.20
📈 My Strategy:
I would watch for a bullish bounce around $149.20–$149.50 before entering. A strong 5-minute candle close above $149.96, preferably with increasing volume, would provide better confirmation of a recovery.
⚠️ If SPCX breaks below $149.20, the setup becomes weaker. A move below $148.75 invalidates this trade idea.
💡 Remember: The chart shows a pullback, not a confirmed reversal. Wait for confirmation rather than chasing the price. This is a short-term technical setup, not a guaranteed profit signal.
What do you think? Will SPCX bounce toward $150.50, or could sellers push it lower? 👇
#SPCX #CryptoTrading #TradingSignal #TechnicalAnalysis #BinanceSquare #DYOR