🚨 $SPCX /USDT Short Market Update & Trade Setup 📊
SPCX ($SPCX ) is currently trading around $156.71, down -2.75% on the day. After touching a local high of $166.32, the price has experienced a pullback and is now hovering near a key support level.
Key Technical Levels:
. Current Price: $156.71 (-2.75%)
. 24h High / Low: $166.32 / $156.43
. Supertrend Support (1h): $156.69
. RSI (6): 34.30 (Near Oversold Territory)
🎯 PROPOSED TRADE PLAN (1H Timeframe)
. Option 1: Long Setup (Bounce / Reversal)
. Entry Zone: $156.50 – $157.00 (Near Supertrend Support)
. Target 1 (TP1): $160.00
. Target 2 (TP2): $163.50
. Stop Loss (SL): $154.80 (Below local support range)
Option 2: Short Setup (Breakdown)
. Entry Zone: If price breaks and closes below $156.00
. Target 1 (TP1): $152.50
. Target 2 (TP2): $148.00
. Stop Loss (SL): $158.20
⚠️ Risk Management Notice: Markets can move quickly. Keep leverage controlled (5x–10x max) and always adhere to your stop-loss!
#SPCX #BinanceSquare #cryptotrading #TechnicalAnalysis #TradingSetup
$ZEC
$XAU
SPCX ($SPCX ) is currently trading around $156.71, down -2.75% on the day. After touching a local high of $166.32, the price has experienced a pullback and is now hovering near a key support level.
Key Technical Levels:
. Current Price: $156.71 (-2.75%)
. 24h High / Low: $166.32 / $156.43
. Supertrend Support (1h): $156.69
. RSI (6): 34.30 (Near Oversold Territory)
🎯 PROPOSED TRADE PLAN (1H Timeframe)
. Option 1: Long Setup (Bounce / Reversal)
. Entry Zone: $156.50 – $157.00 (Near Supertrend Support)
. Target 1 (TP1): $160.00
. Target 2 (TP2): $163.50
. Stop Loss (SL): $154.80 (Below local support range)
Option 2: Short Setup (Breakdown)
. Entry Zone: If price breaks and closes below $156.00
. Target 1 (TP1): $152.50
. Target 2 (TP2): $148.00
. Stop Loss (SL): $158.20
⚠️ Risk Management Notice: Markets can move quickly. Keep leverage controlled (5x–10x max) and always adhere to your stop-loss!
#SPCX #BinanceSquare #cryptotrading #TechnicalAnalysis #TradingSetup
$ZEC
$XAU