🔴$SPCX /USDT — SHORT
Asset: Space Exploration Technologies
Situation: Sustained decline with lower highs and lower lows; weak bounce without buying volume, dominant bearish structure
Bias: SHORT
Entry: 137.80 – 138.20
TP1: 136.50 (-1.0%)
TP2: 135.00 (-2.1%)
TP3: 133.50 (-3.4%)
SL: 139.00 (+0.6%)
Rationale: Immediate resistance at 138.20–139.00. As long as it does not break above this range, every rally is an opportunity to sell. Breaking 136.61 (24h low) confirms continued downside. Moving above 139.00 shifts the bias to neutral.
Context: -7.28% in 7d / -9.49% in 30d → established downtrend.
Asset: Space Exploration Technologies
Situation: Sustained decline with lower highs and lower lows; weak bounce without buying volume, dominant bearish structure
Bias: SHORT
Entry: 137.80 – 138.20
TP1: 136.50 (-1.0%)
TP2: 135.00 (-2.1%)
TP3: 133.50 (-3.4%)
SL: 139.00 (+0.6%)
Rationale: Immediate resistance at 138.20–139.00. As long as it does not break above this range, every rally is an opportunity to sell. Breaking 136.61 (24h low) confirms continued downside. Moving above 139.00 shifts the bias to neutral.
Context: -7.28% in 7d / -9.49% in 30d → established downtrend.