$SPCX The hourly chart is showing a tight pullback that sweeps sell-side liquidity—a classic smart-money pressure move. Trading volume is increasing as buyers gather around the 153.6 area, ready to turn the tables. If price retests this range, the order block could trigger a rapid rise toward the next resistance.
Although the expected value is –0.19R, the risk-to-reward ratio at TP2 and TP3 reaches 2.96R‑10R. Add it to your watchlist and wait for a confirmed bounce before increasing your position size. 💬 Do you think price will respect the retest, or drop first? 👇
A bullish breakout on the hourly timeframe is imminent!
Entry: 153.52‑153.72
Target: 154.56
Target: 154.98
Target: 158.24
Stop loss: 153.16
Although the expected value is –0.19R, the risk-to-reward ratio at TP2 and TP3 reaches 2.96R‑10R. Add it to your watchlist and wait for a confirmed bounce before increasing your position size. 💬 Do you think price will respect the retest, or drop first? 👇
A bullish breakout on the hourly timeframe is imminent!
Entry: 153.52‑153.72
Target: 154.56
Target: 154.98
Target: 158.24
Stop loss: 153.16