🚨 $SPCX BREAKS BELOW KEY MOVING AVERAGES AS SELLER PRESSURE OVERWHELMS SUPPORT 📉
Entry: 147.51535 – 147.72465 ⚡
Target: 145.99152 🎯
Stop Loss: 149.79130 🛑
📌 $SPCX is losing its footing beneath stacked 4-hour moving averages, surrendering both the 50 and 200 EMA to persistent offer pressure. 📊 Tape momentum shows sellers seizing control, confirmed by an expanding 15-minute ADX at 26.7 driving price into a clean downward drift.
💡 While the 1-hour momentum warrants disciplined sizing, this distribution structure favors a sharp continuation sweep toward initial resting bids. 💬 Are you riding this breakdown or waiting for a reclaim above the EMA stack? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #TradingStrategy #PriceAction
🎯 ⚡
Entry: 147.51535 – 147.72465 ⚡
Target: 145.99152 🎯
Stop Loss: 149.79130 🛑
📌 $SPCX is losing its footing beneath stacked 4-hour moving averages, surrendering both the 50 and 200 EMA to persistent offer pressure. 📊 Tape momentum shows sellers seizing control, confirmed by an expanding 15-minute ADX at 26.7 driving price into a clean downward drift.
💡 While the 1-hour momentum warrants disciplined sizing, this distribution structure favors a sharp continuation sweep toward initial resting bids. 💬 Are you riding this breakdown or waiting for a reclaim above the EMA stack? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #TradingStrategy #PriceAction
🎯 ⚡