$SPCX - SHORT
Entry: 135.85 – 136.36
SL: 141.24
TP1: 132.25
TP2: 129.69
TP3: 125.84
Why this setup?
- The 4h trend is your compass, and it points *down*. We're in a **trend regime**, meaning the path of least resistance is lower.
- **The Setup:** Entry zone is tight at **136.11** (135.85 – 136.37). The oversold bounce on the 15m is the fuel; we're waiting for it to stall and reverse.
- **The Targets:** TP1 at **132.25** is the first magnet. If momentum holds, TP2 at **129.69** is the real prize. The invalidation line is clear at **135.82**—if we close back above that, the thesis is dead.
- **Risk Check:** This is a *trend-following* short, not a counter-trend gamble. It aligns with the broader range structure, but the 1D range means we aren't betting on a crash, just a move back to the bottom of the box.
Click here to trade 👇🏼
$SPCX
Entry: 135.85 – 136.36
SL: 141.24
TP1: 132.25
TP2: 129.69
TP3: 125.84
Why this setup?
- The 4h trend is your compass, and it points *down*. We're in a **trend regime**, meaning the path of least resistance is lower.
- **The Setup:** Entry zone is tight at **136.11** (135.85 – 136.37). The oversold bounce on the 15m is the fuel; we're waiting for it to stall and reverse.
- **The Targets:** TP1 at **132.25** is the first magnet. If momentum holds, TP2 at **129.69** is the real prize. The invalidation line is clear at **135.82**—if we close back above that, the thesis is dead.
- **Risk Check:** This is a *trend-following* short, not a counter-trend gamble. It aligns with the broader range structure, but the 1D range means we aren't betting on a crash, just a move back to the bottom of the box.
Click here to trade 👇🏼
$SPCX