SPCX
The trend structure is very clear, and the reactions to key support and resistance levels are both spot on.
On the daily timeframe, the price tested the 150 resistance again, and this time the breakout was completed alongside high trading volume.
However, afterward it didn’t surge higher immediately; instead, it consolidated in a high-range around 150, digesting short-term profit-taking.
If it can then hold steadily above 150, upside space will open up, with the target directly aiming for the strong resistance zone around 170.
And once it reaches there, it could actually be a good place for a buy-the-bounce opportunity.
$SPCX #美伊互袭油轮冲突升级
The trend structure is very clear, and the reactions to key support and resistance levels are both spot on.
On the daily timeframe, the price tested the 150 resistance again, and this time the breakout was completed alongside high trading volume.
However, afterward it didn’t surge higher immediately; instead, it consolidated in a high-range around 150, digesting short-term profit-taking.
If it can then hold steadily above 150, upside space will open up, with the target directly aiming for the strong resistance zone around 170.
And once it reaches there, it could actually be a good place for a buy-the-bounce opportunity.
$SPCX #美伊互袭油轮冲突升级
