Everyone’s long $SPCX /USDT while the 4h chart screams for a 135.12 rejection.
$SPCX - SHORT
Trade Plan:
Entry: 134.74638 – 135.49362
SL: 141.40784
TP1: 130.40412
TP2: 127.26020
TP3: 122.54432
Why this setup?
- RSI 15m at 34.87 confirms momentum is already rolling over.
- Price hugging 135.12 with a 1h ATR of 1.74—volatility is ripe for a snap.
- 1D trend is *range*, not breakout—so shorts get paid when others chase tops.
- TP1 at 130.40 is only a 3.5% drop from here; the path of least resistance is down.
Debate:
Are you fading this 135.12 level for TP2 at 127.26, or calling a fakeout trap?
Click here to Trade 👇️
$SPCX - SHORT
Trade Plan:
Entry: 134.74638 – 135.49362
SL: 141.40784
TP1: 130.40412
TP2: 127.26020
TP3: 122.54432
Why this setup?
- RSI 15m at 34.87 confirms momentum is already rolling over.
- Price hugging 135.12 with a 1h ATR of 1.74—volatility is ripe for a snap.
- 1D trend is *range*, not breakout—so shorts get paid when others chase tops.
- TP1 at 130.40 is only a 3.5% drop from here; the path of least resistance is down.
Debate:
Are you fading this 135.12 level for TP2 at 127.26, or calling a fakeout trap?
Click here to Trade 👇️