$SPCX USDT — Surged then pulled back - 6.59%; heavy volume on the breakdown from the highs. Treat any rebound as a recovery for now.
Current price: 147.79 | 24H high: 158.29 | 24H low: 143.80
Order book: Sellers have the edge at 55.72%; highs are gradually declining, rebounds are on lower volume, and capital is temporarily withdrawing.
Trading suggestion: Consider going long on a retest of key levels; don't chase the price higher.
Entry range: 146.50–147.20 (enter once it stabilizes)
Stop-loss: 143.50
Take-profit 1: 150.50・Take-profit 2: 153.00
Bullish signal: Holds above 152.00 with rising volume
Key view: A high-volume pullback after a sharp rise signals profit-taking; the current small bullish candle is a recovery, not a reversal. It's safer to wait for higher lows, higher highs, and consecutive bullish candles before increasing your position.#Binance
Current price: 147.79 | 24H high: 158.29 | 24H low: 143.80
Order book: Sellers have the edge at 55.72%; highs are gradually declining, rebounds are on lower volume, and capital is temporarily withdrawing.
Trading suggestion: Consider going long on a retest of key levels; don't chase the price higher.
Entry range: 146.50–147.20 (enter once it stabilizes)
Stop-loss: 143.50
Take-profit 1: 150.50・Take-profit 2: 153.00
Bullish signal: Holds above 152.00 with rising volume
Key view: A high-volume pullback after a sharp rise signals profit-taking; the current small bullish candle is a recovery, not a reversal. It's safer to wait for higher lows, higher highs, and consecutive bullish candles before increasing your position.#Binance