$SPCX : It’s time to sell due to bearish exhaustion!
SPCX shows clear bearish exhaustion after failing to recover the 25-day moving average on the 15m chart; it is currently trading at 140.75. With the 1h chart confirming a breakdown below the MA99 support at 141.60, the path of least resistance remains to the downside, approaching the recent low of 138.37.
Entry: 140.0 – 141.5
Stop Loss: 145.7
TP1: 134.3
TP2: 128.8
Click here to trade 👇
SPCX shows clear bearish exhaustion after failing to recover the 25-day moving average on the 15m chart; it is currently trading at 140.75. With the 1h chart confirming a breakdown below the MA99 support at 141.60, the path of least resistance remains to the downside, approaching the recent low of 138.37.
Entry: 140.0 – 141.5
Stop Loss: 145.7
TP1: 134.3
TP2: 128.8
Click here to trade 👇