TRADING SIGNAL: $SPCX /USDT

Pair: $SPCX USDT
Direction: SHORT 🔴

Entry: 152.50 – 152.84

Take-Profit Targets

TP 1: 151.73
TP 2: 150.99
TP 3: 149.88
TP 4: 148.50

Stop-Loss

🛑 SL: 154.32 (Above short-term consolidation resistance and trade invalidation level)

Market Breakdown

Trend: Sharp local breakdown on the 1H timeframe following a tight horizontal consolidation range between 153.50 and 154.50.

Moving Averages & Indicators: Price has sliced down through \text{MA}(7), \text{MA}(25), and \text{MA}(99), breaking below the lower Bollinger Band boundary. RSI(14) has dropped sharply from neutral (~55) toward oversold territory (~35), while the MACD histogram shows expanding bearish momentum below zero.

Volume: High volume surge on the recent red candle confirms institutional selling pressure driving the breakdown.

$SPCX