I am watching SPCX with a short bias.

🔴 SHORT $SPCX /USDT: expecting price to go DOWN
Bias: SHORT · Strong

Entry: 137.96562 – 138.23438
TP1: 136.04468 (-1.5%)
TP2: 134.67446 (-2.5%)
TP3: 132.61914 (-4.0%)
SL: 140.84043 (+2.0%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.

Why SHORT? 6/11 signals agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 24.6)
Risk: Far below its average, bounce likely (−4.4 ATR from 1h EMA50)

Trade note: SPCX
I want to see a test of the 1h price at 138.10000 before I enter. The 4h trend is bearish with price below both the 50 and 200 EMAs, and the 1h RSI at 28.03 shows sellers are in control.

Where do you want to invalidate this short?

Chart with every level below.

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⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.