$SPCXB is trading near 139.85 and has dropped 2.66%. I’m watching this for bearish continuation because sellers are currently controlling the short-term momentum. A rebound toward the entry area followed by rejection would give a cleaner setup.
Trade Setup
Entry Zone: 139.50–141.00
Stop Loss: 145.50
Target 1: 135.00
Target 2: 130.50
Target 3: 125.50
This works if price stays under the recovery zone and selling resumes. I’m waiting for rejection rather than chasing the decline.
Trade Setup
Entry Zone: 139.50–141.00
Stop Loss: 145.50
Target 1: 135.00
Target 2: 130.50
Target 3: 125.50
This works if price stays under the recovery zone and selling resumes. I’m waiting for rejection rather than chasing the decline.