🚨 $SPCXB ALERT: The Bears Are in Control! Is SpaceX Losing Altitude? 🚨
Crypto fam, let's look at the 15m chart for $SPCXB /USDT (SpaceX bStocks). The price is struggling to gain momentum! 👇
Here is the CryptoSensei Breakdown:
🔹 Price is currently at 140.13, trading below the 1H MA60 at 140.48. The MA60 is acting as a strong ceiling, rejecting any upward moves.
🔹 We saw a massive drop from the 24h high of 148.41. The overall trend remains bearish.
🔹 30-day performance is down -14.48%. The sellers are still dominating the market.
🔹 We are trading a bStock here, which means you get exposure to SpaceX equity directly on Binance with a 0 Maker Fee!
My Trade Setup:
I am leaning towards a SHORT position. The price is struggling to break above the MA60, and the bears are in control.
🛑 Stop Loss: 140.60 (Above the MA60).
🎯 Targets: 139.94 ➡️ 139.65
⚠️ Note: bStocks follow traditional market hours, so watch out for gaps. Always use a stop loss!
👇 Click the $SPCXB tag below to trade on Binance and ride this downtrend! Are you shorting this too, or are you buying the dip? Let me know in the comments! 💬
Crypto fam, let's look at the 15m chart for $SPCXB /USDT (SpaceX bStocks). The price is struggling to gain momentum! 👇
Here is the CryptoSensei Breakdown:
🔹 Price is currently at 140.13, trading below the 1H MA60 at 140.48. The MA60 is acting as a strong ceiling, rejecting any upward moves.
🔹 We saw a massive drop from the 24h high of 148.41. The overall trend remains bearish.
🔹 30-day performance is down -14.48%. The sellers are still dominating the market.
🔹 We are trading a bStock here, which means you get exposure to SpaceX equity directly on Binance with a 0 Maker Fee!
My Trade Setup:
I am leaning towards a SHORT position. The price is struggling to break above the MA60, and the bears are in control.
🛑 Stop Loss: 140.60 (Above the MA60).
🎯 Targets: 139.94 ➡️ 139.65
⚠️ Note: bStocks follow traditional market hours, so watch out for gaps. Always use a stop loss!
👇 Click the $SPCXB tag below to trade on Binance and ride this downtrend! Are you shorting this too, or are you buying the dip? Let me know in the comments! 💬
