Hey everyone, our tracking bots just caught a massive wave of SPCX net taker selling in the futures markets over the past hour. 📉
If you have been keeping an eye on the charts today, you probably noticed things getting a little spicy. Our automated monitors picked up an interesting spike in the data that is definitely worth a closer look.
Specifically, the numbers show a striking 30.5M in net taker selling for SPCX within just a single hour. To put that in perspective, this recent volume is running at a whopping 12.0 times the usual 24-hour average.
When we talk about net taker volume, we simply mean the difference between aggressive buy orders and aggressive sell orders denominated in USD. In this case, sellers were clearly pressing the market with much more urgency than buyers over the last sixty minutes.
Spikes
Why it matters 💡
It is always a good idea to keep your seatbelts fastened when order flow gets this intense. Keep an eye on the charts and stay tuned as we track how the market handles these new numbers.
4H signal view on $SPCX 📊
Long 🟢
Entry 148.5 - 149.4
TP 153.3 - 157.7 - 162.1
SL 144.6
RSI 51 still has room to move. MACD momentum is leaning up. This one goes against the EMA200 trend.
$SPCX $ETH $SOL #SPCX #MoneyFlow #CryptoData #FuturesTrading #CryptoNews
ℹ️ News roundup from public sources, not financial advice.