🚨 $SPCX DEFENDING KEY 4H SUPPLY ZONE AS SELLER PRESSURE MOUNTS ON RETEST 🔻
Entry: 137.85858 - 138.00490 ⚡
Target: 136.52708 🎯
Stop Loss: 138.63406 ⚠️
Price action on $SPCX has tapped directly into the designated 4H supply block between 137.85858 and 138.00490, where institutional sellers are actively defending structure. 📊 Relative volume into this retracement remains extremely light at just 0.05x baseline metrics, confirming weak buying interest into overhead resistance.
With the 15m RSI hovering at 48, momentum has reset cleanly to open up downside expansion toward lower liquidity pools. 🔍 As long as the invalidation level above holds firm, short-side expansion remains the primary structural bias. 💬 Are you positioning for the short breakdown here, or waiting for further confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #MarketStructure #CryptoTrading
🎯 📉
Entry: 137.85858 - 138.00490 ⚡
Target: 136.52708 🎯
Stop Loss: 138.63406 ⚠️
Price action on $SPCX has tapped directly into the designated 4H supply block between 137.85858 and 138.00490, where institutional sellers are actively defending structure. 📊 Relative volume into this retracement remains extremely light at just 0.05x baseline metrics, confirming weak buying interest into overhead resistance.
With the 15m RSI hovering at 48, momentum has reset cleanly to open up downside expansion toward lower liquidity pools. 🔍 As long as the invalidation level above holds firm, short-side expansion remains the primary structural bias. 💬 Are you positioning for the short breakdown here, or waiting for further confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #MarketStructure #CryptoTrading
🎯 📉
