đš MOST TRADERS ARE CHASING THE PUMP. IâM WATCHING FOR THE REVERSAL.
$SPCX /USDT â SHORT đ
đŻ Trade Plan:
Entry: 181.1407 â 181.2654
đ SL: 182.6845
đŻ TP1: 180.0919
đŻ TP2: 179.3512
đŻ TP3: 178.2401
đ Why Iâm Short:
âą Price is testing a major resistance zone. âą 4H bias remains bearish. âą RSI is neutral, showing no strong bullish momentum. âą Current move looks more like a liquidity grab than a breakout. âą If sellers step in here, downside targets come into play quickly.
â ïž Invalidation: A strong break and hold above 182.68 weakens the short thesis and could trigger a squeeze higher.
đ„ The crowd is buying the breakout. đ° Iâm looking for the rejection.
đ Whatâs your call?
đ» SHORT the range top? đ Wait for breakout confirmation?