🚀 $SPCX — Bullish Momentum Setup
LONG $SPCX
Entry: $139.586 – $139.673
SL: $137.814
🎯 Take Profit:
TP1: $140.991
TP2: $141.899
TP3: $143.261
Why this setup?
4H: Trend regime with a LONG bias, confidence 77.
1D: Range-bound, leaving room for a shorter-term momentum trade.
15M RSI: 60.4, suggesting momentum is positive without being deeply overbought.
ATR: 0.756, indicating relatively contained recent volatility.
Risk: Entry-to-stop is roughly 1.3%, based on the supplied levels.
🔑 ...
$BTC liquidation clusters are tight right now — shorts piled up around $64K, longs sitting near $62K.
This is a classic coiled spring. Market makers love these setups. Whichever side gets swept first usually triggers a cascade.
From a macro standpoint, we're still in a holding pattern. No breakout, no breakdown. Just range compression. That means patience wins here.
Don't chase. Let the sweep happen, then reassess. If $64K breaks and holds, that's your signal for continuation. If $62K fails, ...