$SPCX
Bearish, favoring short positions. Until the 135 level is reclaimed, long trades should be limited to quick, short-term trades.
Price is currently approaching a major structural resistance zone between 130 and 135. This zone was a key support level before the recent sharp decline, and is likely to turn into strong resistance on its first test.
We’re watching the reaction here—either a strong rejection that forms a lower high, or a sharp breakout that puts pressure on late-entering short sellers.
Short-selling plan $SPCX
· Short entry: 130 - 132 (resistance retest)
· Stop loss: above 136
· Take profit 1 (TP1): 126
· Take profit 2 (TP2): 122
Support me, trade here only👇$SPCX
SPCXUSDT
Perpetual
129.81
-3.35%
Bearish, favoring short positions. Until the 135 level is reclaimed, long trades should be limited to quick, short-term trades.
Price is currently approaching a major structural resistance zone between 130 and 135. This zone was a key support level before the recent sharp decline, and is likely to turn into strong resistance on its first test.
We’re watching the reaction here—either a strong rejection that forms a lower high, or a sharp breakout that puts pressure on late-entering short sellers.
Short-selling plan $SPCX
· Short entry: 130 - 132 (resistance retest)
· Stop loss: above 136
· Take profit 1 (TP1): 126
· Take profit 2 (TP2): 122
Support me, trade here only👇$SPCX
SPCXUSDT
Perpetual
129.81
-3.35%