SPCX holds above stacked EMAs on the 4h chart.

๐ŸŸข LONG $SPCX /USDT: expecting price to go UP
Bias: LONG ยท Leaning

Entry: 159.06405 โ€“ 159.09595
TP1: 159.80052 (+0.5%)
TP2: 160.28087 (+0.8%)
TP3: 161.00139 (+1.2%)
SL: 158.11931 (-0.6%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.

Why LONG? What I checked: 4/11 signals agree, 1 against, 6 undecided
โ€ข 4h trend: price > EMA50 > EMA200, bullish stack โ†’ the swing trend is up
โ€ข 1h trend: price > EMA50 > EMA200, bullish stack โ†’ the short-term trend is up
โ€ข Trend strength (ADX/DI, 15m): ADX 34.5 with buyers in control (DI+ 22.0 vs DIโˆ’ 16.7) โ†’ buyers are driving the move
Watch: 4h RSI: 76.6, overbought: strong but stretched โ†’ price ran hot, pullbacks are common from here
Watch: The idea is wrong if price reaches the stop at 158.11931

Net read: The 4h bullish stack and buyers driving the move outweigh the risk of pullback from overextension.

Where would you set your stop if you were in this trade?

Levels mapped on the chart below.

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โš ๏ธ Personal market analysis only. NFA โ€” manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.