$SPCX /SHORT
Plan:
Entry: 146.80268 – 147.11732
SL: 150.17175
TP1: 144.55119
TP2: 142.94532
TP3: 140.53650
Technical verdict: Bias toward SHORT. 5 out of 11 signals are aligned, and 1 is against.
What supports it (5):
• 1D direction: Price < EMA50 < EMA200, bearish alignment
• Trend strength (ADX/DI, 15m): ADX 29.2 with sellers in control (DI+ 18.5 vs DI− 26.6)
• 4H RSI: 32.9, bearish momentum (below 45)
• 1H RSI: 31.5, bearish momentum (below 45)
• Relative strength vs BTC: weaker performance, −3.25% vs BTC over the last day
What contradicts it (1):
• Distance from the 50 EMA for 1 hour: −4.2 ATR below the 50 EMA for 1 hour, extended with rebound risk
Click here to display the chart👇
Plan:
Entry: 146.80268 – 147.11732
SL: 150.17175
TP1: 144.55119
TP2: 142.94532
TP3: 140.53650
Technical verdict: Bias toward SHORT. 5 out of 11 signals are aligned, and 1 is against.
What supports it (5):
• 1D direction: Price < EMA50 < EMA200, bearish alignment
• Trend strength (ADX/DI, 15m): ADX 29.2 with sellers in control (DI+ 18.5 vs DI− 26.6)
• 4H RSI: 32.9, bearish momentum (below 45)
• 1H RSI: 31.5, bearish momentum (below 45)
• Relative strength vs BTC: weaker performance, −3.25% vs BTC over the last day
What contradicts it (1):
• Distance from the 50 EMA for 1 hour: −4.2 ATR below the 50 EMA for 1 hour, extended with rebound risk
Click here to display the chart👇
