$SPCX ! Four hours show four yin and two yang; the daily line closes with a single long yin low. Price is trading below MA20/MA50. Just one step from the 24-hour low at 141.16—this kind of bottom-picking structure isn’t called continuation/absorption; it’s called waiting for the dip. The buy walls piled up on the order book reach 1.24 times the sell volume, yet they still can’t hold the price up. With the whale positions, the long exposure is only left at 34.7%, while retail accounts are 60% long— the more money that piles in, the more illusory it becomes. That’s smart money distributing. Enter a short at 141.8; add if it breaks 141.16. Targets: 136, 131.5, 127.4. Stop-loss: 147.5.
