The ONDO strategy that was given earlier has already successfully realized its profit target this round. Truly high-reward opportunities often hide after calm. $SPCX On the 4-hour timeframe, the moving averages are in a bearish alignment, with price continuously suppressed below EMA50 and EMA200. The swing trend is clearly downward, and sellers still hold the initiative. Rebounds with shrinking volume and pullbacks with expanding volume indicate that selling pressure has not yet fully been released.
I tend to view rebounds as opportunities for short entries rather than reversal signals, as the dense moving-average zone above forms a natural resistance. What needs attention is its high correlation with Bitcoin; if Bitcoin strengthens, it may create interference, so position management is more important than directional judgment. Don’t treat moderate confidence as a reason for heavy positioning.
🔴 Trading direction: Short
📍 Entry range: 133.86049 – 134.31639
🛑 Stop loss: 138.67285
🎯 Take profit 1: 130.65013
🎯 Take profit 2: 128.35792
🎯 Take profit 3: 124.91961
Observe the vastness of mountains and seas; discern the subtle movements of the market.
Walk with Brother Xiong and see the gains and losses of heaven and earth.
#SPCX
Click below to trade 👇
I tend to view rebounds as opportunities for short entries rather than reversal signals, as the dense moving-average zone above forms a natural resistance. What needs attention is its high correlation with Bitcoin; if Bitcoin strengthens, it may create interference, so position management is more important than directional judgment. Don’t treat moderate confidence as a reason for heavy positioning.
🔴 Trading direction: Short
📍 Entry range: 133.86049 – 134.31639
🛑 Stop loss: 138.67285
🎯 Take profit 1: 130.65013
🎯 Take profit 2: 128.35792
🎯 Take profit 3: 124.91961
Observe the vastness of mountains and seas; discern the subtle movements of the market.
Walk with Brother Xiong and see the gains and losses of heaven and earth.
#SPCX
Click below to trade 👇