$SPCX Short 75x | Sellers own the range, invalidation is clean.
SPCX finally traded into the zone where the short thesis gets tested—either it holds or it dies. I'm in this short right now, and it only works if the zone refuses to break.
Trade Plan:
- Entry: 140.13143 – 140.20204
- TP1: 139.91255 (R:R 1:0.8)
- TP2: 139.74309 (R:R 1:1.3)
- TP3: 139.48890 (R:R 1:2.0)
- SL: 140.50566
Why this setup?
- The 4h chart still gives me a clean short map, with a sideways 1D structure and price rejecting from 140.13143–140.20204 near 140.16674.
- 15m RSI at 69 shows momentum that's hot but not exhausted—enough fuel for a rollover if sellers step in.
- The tape isn't quiet: 0.55x pace, 3.79K traded versus 6.91K expected, so there's real sell-side weight behind this move.
My call. Your execution..
Trade here 👇 and Do you take the first touch or wait for the second rejection to confirm the trap?
SPCX finally traded into the zone where the short thesis gets tested—either it holds or it dies. I'm in this short right now, and it only works if the zone refuses to break.
Trade Plan:
- Entry: 140.13143 – 140.20204
- TP1: 139.91255 (R:R 1:0.8)
- TP2: 139.74309 (R:R 1:1.3)
- TP3: 139.48890 (R:R 1:2.0)
- SL: 140.50566
Why this setup?
- The 4h chart still gives me a clean short map, with a sideways 1D structure and price rejecting from 140.13143–140.20204 near 140.16674.
- 15m RSI at 69 shows momentum that's hot but not exhausted—enough fuel for a rollover if sellers step in.
- The tape isn't quiet: 0.55x pace, 3.79K traded versus 6.91K expected, so there's real sell-side weight behind this move.
My call. Your execution..
Trade here 👇 and Do you take the first touch or wait for the second rejection to confirm the trap?