$SPCX bearish. Recently rejected at 176, consolidating a series of lower highs (176 ➡️ 158 ➡️ 150), confirming that the sellers still firmly control the macro direction
· Lack of strong buy volume and the steep angle of the drop indicate that this is just a corrective pause before the next leg lower
• The main strategy is to short any corrective rebound that enters a resistance zone
🔻 Short setup (preferred)
· $SPCX short entry: 164 to 168 (newly formed resistance zone)
· Stop Loss (SL): above 175
· Take Profit 1 (TP1): 160 (current local low)
· Take Profit 2 (TP2): 150 (next major psychological level)
Support me—just trade here👇 #SPCX #SpaceX
· Lack of strong buy volume and the steep angle of the drop indicate that this is just a corrective pause before the next leg lower
• The main strategy is to short any corrective rebound that enters a resistance zone
🔻 Short setup (preferred)
· $SPCX short entry: 164 to 168 (newly formed resistance zone)
· Stop Loss (SL): above 175
· Take Profit 1 (TP1): 160 (current local low)
· Take Profit 2 (TP2): 150 (next major psychological level)
Support me—just trade here👇 #SPCX #SpaceX