The timing and confirmation are aligned, and the chart structure for $SPCX is showing bullish signals. The spot index is holding above EMA50, with buyers continuing to drive the momentum. The one-hour RSI is approaching 70, and the bulls still have momentum. At this level, I wouldn’t chase the price higher. I’d rather wait for a pullback to the confirmation zone near the moving average before entering. As long as the structure holds, the uptrend remains intact.
One thing to watch is that the price has moved well above the moving average, so a short-term pullback may be due. It’s more prudent to keep positions small and scale in gradually. Holding the key level could open up more room to the upside.
🟢 Trade direction: Long
📍 Entry range: 142.48629 – 143.14332
🛑 Stop loss: 136.39554
🎯 Take profit 1: 147.62925
🎯 Take profit 2: 150.83889
🎯 Take profit 3: 155.65334
Gaze upon the vast mountains and seas; observe the market’s smallest details.
Walk alongside Uncle Xiong and witness the gains and losses of the world.
#SPCX
Click below to trade 👇
One thing to watch is that the price has moved well above the moving average, so a short-term pullback may be due. It’s more prudent to keep positions small and scale in gradually. Holding the key level could open up more room to the upside.
🟢 Trade direction: Long
📍 Entry range: 142.48629 – 143.14332
🛑 Stop loss: 136.39554
🎯 Take profit 1: 147.62925
🎯 Take profit 2: 150.83889
🎯 Take profit 3: 155.65334
Gaze upon the vast mountains and seas; observe the market’s smallest details.
Walk alongside Uncle Xiong and witness the gains and losses of the world.
#SPCX
Click below to trade 👇