๐ด $SPCX FACES PREMIUM SUPPLY RETEST AS BEARISH MARKET STRUCTURE EXPANDS! ๐
Entry: 173.3 - 177.2 โก
Target: 169.2 / 142.4 / 126.5 ๐ฏ
Stop Loss: 179.8 โ ๏ธ
๐ Price action has retraced directly into a high-timeframe supply block between 173.3 and 177.2, where institutional sell-side interest remains prominent. ๐ upside momentum is visibly exhausting into overhead liquidity pools, signaling potential distribution before a deeper structural unwind.
๐ก Defending the invalidation level at 179.8 keeps the asymmetrical risk-to-reward skewed heavily downward toward unmitigated liquidity targets at 142.4 and 126.5. ๐ฌ Are you capitalizing on this distribution zone or waiting for lower timeframe confirmation? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SPCX #ShortSetup #Bearish #MarketStructure
๐ป ๐
Entry: 173.3 - 177.2 โก
Target: 169.2 / 142.4 / 126.5 ๐ฏ
Stop Loss: 179.8 โ ๏ธ
๐ Price action has retraced directly into a high-timeframe supply block between 173.3 and 177.2, where institutional sell-side interest remains prominent. ๐ upside momentum is visibly exhausting into overhead liquidity pools, signaling potential distribution before a deeper structural unwind.
๐ก Defending the invalidation level at 179.8 keeps the asymmetrical risk-to-reward skewed heavily downward toward unmitigated liquidity targets at 142.4 and 126.5. ๐ฌ Are you capitalizing on this distribution zone or waiting for lower timeframe confirmation? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SPCX #ShortSetup #Bearish #MarketStructure
๐ป ๐
