🔴 **$SPCX SHORT SETUP ... Bears Maintaining Strong Control!**
The bearish trend remains intact, with sellers continuing to pressure $SPCX . Momentum is still pointing toward further downside.
📉 **SHORT TRADE PLAN – $SPCX/USDT**
- Entry: 132.87679 – 133.48321
- TP1: 127.94735 (-3.9%)
- TP2: 124.45892 (-6.5%)
- TP3: 119.22627 (-10.5%)
- Stop Loss: 140.15687 (+5.2%)
**Why SHORT?**
The 1H price remains below both EMAs, confirming bearish structure. RSI at 29.5 shows strong selling pressure, although oversold conditions could trigger a short-term bounce.
🎯 **Profit Management:**
- Close 50% at TP1
- Close 25% at TP2
- Close remaining 25% at TP3
- Move SL to entry after TP1
⚠️ Watch for a possible relief bounce and manage risk carefully.
**How low can $SPCX go? 👀**
#SPCX #ShortSetup #Bearish #CryptoTrading #BinanceSquare
The bearish trend remains intact, with sellers continuing to pressure $SPCX . Momentum is still pointing toward further downside.
📉 **SHORT TRADE PLAN – $SPCX/USDT**
- Entry: 132.87679 – 133.48321
- TP1: 127.94735 (-3.9%)
- TP2: 124.45892 (-6.5%)
- TP3: 119.22627 (-10.5%)
- Stop Loss: 140.15687 (+5.2%)
**Why SHORT?**
The 1H price remains below both EMAs, confirming bearish structure. RSI at 29.5 shows strong selling pressure, although oversold conditions could trigger a short-term bounce.
🎯 **Profit Management:**
- Close 50% at TP1
- Close 25% at TP2
- Close remaining 25% at TP3
- Move SL to entry after TP1
⚠️ Watch for a possible relief bounce and manage risk carefully.
**How low can $SPCX go? 👀**
#SPCX #ShortSetup #Bearish #CryptoTrading #BinanceSquare