$SPCX
Long Setup
RSI at 22 suggests a possible relief bounce, though price remains under strong bearish pressure.
Trade plan:
Entry: 135.2 - 136.4
Take Profit 1: 142.10
Take Profit 2: 147.1
Stop-Loss: 131.14
A quick mean-reversion bounce could give buyers some breathing room!
Be careful: Strong bearish trend continuation; failure to hold 135.89 support invalidates the long thesis.
Never go all-in, fam. Use a position size that fits your account and risk tolerance. Not financial advice.
Long Setup
RSI at 22 suggests a possible relief bounce, though price remains under strong bearish pressure.
Trade plan:
Entry: 135.2 - 136.4
Take Profit 1: 142.10
Take Profit 2: 147.1
Stop-Loss: 131.14
A quick mean-reversion bounce could give buyers some breathing room!
Be careful: Strong bearish trend continuation; failure to hold 135.89 support invalidates the long thesis.
Never go all-in, fam. Use a position size that fits your account and risk tolerance. Not financial advice.
