📉 $SPCX CONFRONTING OVERHEAD SUPPLY AS MULTI-TIMEFRAME ORDER FLOW LEANS BEARISH 🐻
Entry: 138.10185 – 138.15815 ⚡
Target: 137.45242 – 136.32313 🎯
Stop Loss: 139.03344 🛑
📌 Higher-timeframe market structure remains defensive for $SPCX , with price contained beneath both the 50 and 200 EMAs across the 1H and 4H charts. Sustained downward momentum keeps the 4H RSI suppressed at 37.5, indicating sellers still control macro order flow.
📊 While lower-timeframe momentum reveals buyers probing the retracement, this retest into the 138.10 supply band offers a favorable short risk profile. Disciplined execution inside the zone is paramount to avoid being caught in premature absorption.
💬 Are you positioning for the continuation downward or waiting for cleaner structural rejection first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #PriceAction #Bearish #Crypto
🎯 🦈
Entry: 138.10185 – 138.15815 ⚡
Target: 137.45242 – 136.32313 🎯
Stop Loss: 139.03344 🛑
📌 Higher-timeframe market structure remains defensive for $SPCX , with price contained beneath both the 50 and 200 EMAs across the 1H and 4H charts. Sustained downward momentum keeps the 4H RSI suppressed at 37.5, indicating sellers still control macro order flow.
📊 While lower-timeframe momentum reveals buyers probing the retracement, this retest into the 138.10 supply band offers a favorable short risk profile. Disciplined execution inside the zone is paramount to avoid being caught in premature absorption.
💬 Are you positioning for the continuation downward or waiting for cleaner structural rejection first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #PriceAction #Bearish #Crypto
🎯 🦈
