Everyone is still treating 135 as support on SPCX — the averages already flipped against it.
$SPCX - SHORT
Trade Plan:
Entry: 134.80 – 135.50
SL: 137.80
TP1: 133.00
TP2: 131.00
TP3: 128.50
Why this setup?
Price has slipped under the MA7, MA25 and MA99 and is struggling to find any real buying interest. Every attempt to push higher is getting sold quickly, creating a series of lower highs. When a name loses the full moving-average stack and shows no urgency to reclaim it, the path of least resistance usually stays lower. The current weak bounce is offering a clean area to fade with a tight invalidation above 137.80.
Debate:
Are you shorting this 134.80–135.50 bounce targeting 131, or do you think it still needs to tag 137 before the downside continues?
Click here to Trade 👇
$ZEC $TRUMP
$SPCX - SHORT
Trade Plan:
Entry: 134.80 – 135.50
SL: 137.80
TP1: 133.00
TP2: 131.00
TP3: 128.50
Why this setup?
Price has slipped under the MA7, MA25 and MA99 and is struggling to find any real buying interest. Every attempt to push higher is getting sold quickly, creating a series of lower highs. When a name loses the full moving-average stack and shows no urgency to reclaim it, the path of least resistance usually stays lower. The current weak bounce is offering a clean area to fade with a tight invalidation above 137.80.
Debate:
Are you shorting this 134.80–135.50 bounce targeting 131, or do you think it still needs to tag 137 before the downside continues?
Click here to Trade 👇
$ZEC $TRUMP