The Setup (SHORT $SPCXB):

• Entry Zone: $109.80 – $112.50

• Invalidation / Stop Loss: $115.50

• Target 🎯 1: $107.25

• Target 🎯 2: $102.00

• Target 🎯 3: $95.00

The Market Narrative:

$SPCXB is experiencing severe demand exhaustion following a heavy sell-off from the $130.53 peak, as market participants show little willingness to absorb supply at current levels.

The Technical Breakdown:

On the 15-minute timeframe, $SPCXB remains trapped in a clear macro and micro downward structure. After cascading down from the $130.53 high, an attempted relief rally toward $117.50 was aggressively sold off, driving price action down to establish a local low at $107.25. Since then, price has been grinding sideways near $109.79 in a tight, low-volume consolidation range.

Volume profile analysis reveals a complete drop-off in buyer participation during this sideways movement, signaling that the current price action is a classic bear flag rather than genuine accumulation. With structural resistance holding firm around the $112.50–$115.00 region, the path of least resistance points toward a retest and eventual breakdown of the $107.25 support floor to tap into unvisited liquidity below.

Do you expect $SPCXB to flush below $107 on the next push, or can bulls defend support and spark a bounce back to $115? Drop your thoughts below! 👇

#cryptotrading #BStocks #TechnicalAnalysis

Disclaimer: This is for educational purposes only and is not investment advice. Always do your own research and manage your risk.