๐ INSTITUTIONAL SUPPLY IN SIGHT: $SPCX 1H TREND CONTINUATION SETUP LOOMS ๐ฆ
Entry: 148.93 - 149.13 โก
Target: 147.26 - 146.32 - 145.38 ๐ฏ
Stop Loss: 150.15 ๐
๐ Market structure on the 1H timeframe remains decisively bearish, setting up a clear trend continuation model. Smart money supply sits tightly anchored between 148.93 and 149.13, where an influx of resting liquidity could catalyze the next leg lower.
๐ However, with price currently displaced from the planned entry zone and estimated EV at -0.03R, disciplined execution comes first. Keep this setup strictly on the watchlist until price mitigates overhead supply and prints definitive structural confirmation.
๐ฌ Will you wait for the mitigation retest into supply, or do you anticipate sellers front-running the zone? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SPCX #ShortSetup #PriceAction #SmartMoney #Crypto
๐ฏ ๐ฆ
Entry: 148.93 - 149.13 โก
Target: 147.26 - 146.32 - 145.38 ๐ฏ
Stop Loss: 150.15 ๐
๐ Market structure on the 1H timeframe remains decisively bearish, setting up a clear trend continuation model. Smart money supply sits tightly anchored between 148.93 and 149.13, where an influx of resting liquidity could catalyze the next leg lower.
๐ However, with price currently displaced from the planned entry zone and estimated EV at -0.03R, disciplined execution comes first. Keep this setup strictly on the watchlist until price mitigates overhead supply and prints definitive structural confirmation.
๐ฌ Will you wait for the mitigation retest into supply, or do you anticipate sellers front-running the zone? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SPCX #ShortSetup #PriceAction #SmartMoney #Crypto
๐ฏ ๐ฆ