Based on the 1H chart you shared:

📈 SPCXUSDT Perpetual – 1H Chart Analysis

🔵 Market Overview: SPCXUSDT is trading around 161.65, gaining approximately 8.73% in the last 24 hours. Price has surged strongly from the 143.62 low and is currently testing the recent high near 162.18.

🟢 Bullish Scenario

Immediate Resistance: 162.18

Breakout Zone: Above 162.20 with volume confirmation

Potential Targets: 165.00 / 170.00 / 175.00

Support Levels: 159.00 / 155.00

Stop-Loss Idea: Below 158.50 or below the breakout candle low

📊 Technical View

✅ Price is trading above MA(7) = 159.06
✅ Price is trading above MA(25) = 150.78
✅ Price is trading above MA(99) = 147.40
✅ Strong bullish momentum with a series of higher highs and higher lows
✅ Volume expansion supports the recent upward move

⚠️ However, price is currently near a key resistance area (162.18). A rejection from this level could trigger a short-term pullback toward 159.00–155.00 before continuation.

📌 Conclusion

The overall 1H trend remains strongly bullish. Buyers are in control as long as the price stays above 159.00. A confirmed breakout above 162.18 could open the way toward 165.00+ levels. Traders should wait for breakout confirmation rather than chasing the current candle near resistance.

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