Is $SPCX
about to resume its daily decline today?
🔴 Short $SPCX /USDT: Expect the price to fall
Bias: Short · Slight bearish bias
Entry: 137.39760 – 137.48240
Target 1: 136.05481 (-1.0%)
Target 2: 135.13135 (-1.7%)
Target 3: 133.74617 (-2.7%)
Stop loss: 139.28692 (+1.3%)
Plan: Enter only within the range, close 50% at Target 1, 25% at Target 2, and 25% at Target 3, and move the stop loss to the entry price after Target 1.
Note: Confidence is only moderate, so keep the position size small.
Why short? 3/11 signals support it, and one signal contradicts it.
• 4h trend is bearish (price below EMA50 and EMA200)
• 1h trend is bearish (price below EMA50 and EMA200)
• Momentum favors sellers (4h RSI at 31.9)
Risks: Buyers are driving the move (15m ADX at 27.8)
about to resume its daily decline today?
🔴 Short $SPCX /USDT: Expect the price to fall
Bias: Short · Slight bearish bias
Entry: 137.39760 – 137.48240
Target 1: 136.05481 (-1.0%)
Target 2: 135.13135 (-1.7%)
Target 3: 133.74617 (-2.7%)
Stop loss: 139.28692 (+1.3%)
Plan: Enter only within the range, close 50% at Target 1, 25% at Target 2, and 25% at Target 3, and move the stop loss to the entry price after Target 1.
Note: Confidence is only moderate, so keep the position size small.
Why short? 3/11 signals support it, and one signal contradicts it.
• 4h trend is bearish (price below EMA50 and EMA200)
• 1h trend is bearish (price below EMA50 and EMA200)
• Momentum favors sellers (4h RSI at 31.9)
Risks: Buyers are driving the move (15m ADX at 27.8)