Everyone watching the daily range is about to get blindsided by a sharp move lower.
$SPCX /USDT - 🟢 SHORT · Conf 85%
Trade Plan:
Entry: 145.80173 – 146.21827
SL: 150.88333
TP1: 142.35500
TP2: 139.91834
TP3: 136.26334
Why this setup?
Why now? The 1h price is pinned at 146.01000, the 15m RSI is reading 19.33 which signals extreme oversold exhaustion, and the 1h ATR of 1.353788 tells us volatility is compressed before a potential expansion. The entry zone between 145.80173 and 146.21827 aligns perfectly with this squeeze, offering a precise short opportunity with TP1 at 142.35500 and a deeper target at TP2 of 139.91834. This is a trend-following setup against a range-bound 1D market, so the invalidation level of 149.28207 must be respected as the line in the sand.
Debate:
Are we pushing toward TP2 or is the range about to reject this short?
Click here to view the chart 👇️
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
$SPCX /USDT - 🟢 SHORT · Conf 85%
Trade Plan:
Entry: 145.80173 – 146.21827
SL: 150.88333
TP1: 142.35500
TP2: 139.91834
TP3: 136.26334
Why this setup?
Why now? The 1h price is pinned at 146.01000, the 15m RSI is reading 19.33 which signals extreme oversold exhaustion, and the 1h ATR of 1.353788 tells us volatility is compressed before a potential expansion. The entry zone between 145.80173 and 146.21827 aligns perfectly with this squeeze, offering a precise short opportunity with TP1 at 142.35500 and a deeper target at TP2 of 139.91834. This is a trend-following setup against a range-bound 1D market, so the invalidation level of 149.28207 must be respected as the line in the sand.
Debate:
Are we pushing toward TP2 or is the range about to reject this short?
Click here to view the chart 👇️
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
