๐ SPCX โ REJECTION & MOVING AVERAGE PULLBACK! ๐ป
$SPCX (Space Exploration Techno) is trading lower at 162.33 (-2.04%, or roughly Rs45,057.94), moving within a 24-hour range between a high of 167.72 and a low of 160.49. Price action on this 4-hour chart displays a pullback from recent local highs, currently pressing underneath the fast MA(7) (164.49) and MA(25) (168.36), while holding above the slower MA(99) (155.84) structure.
๐ QUICK TRADE PLAN โ 4H
๐ด SHORT ENTRY: 164.00โ167.50 (on relief bounces or retests toward the moving average resistance zone)
๐ STOP LOSS: 170.00
๐ฏ TP1: 156.00
๐ฏ TP2: 150.00
Are you shorting this SPCX pullback lower, or looking for signs of stabilization near support? Let's discuss below! ๐
๐ Trade: $SPCX
#SPCX #SpaceExploration #BinanceSquare #bearish
$SPCX (Space Exploration Techno) is trading lower at 162.33 (-2.04%, or roughly Rs45,057.94), moving within a 24-hour range between a high of 167.72 and a low of 160.49. Price action on this 4-hour chart displays a pullback from recent local highs, currently pressing underneath the fast MA(7) (164.49) and MA(25) (168.36), while holding above the slower MA(99) (155.84) structure.
๐ QUICK TRADE PLAN โ 4H
๐ด SHORT ENTRY: 164.00โ167.50 (on relief bounces or retests toward the moving average resistance zone)
๐ STOP LOSS: 170.00
๐ฏ TP1: 156.00
๐ฏ TP2: 150.00
Are you shorting this SPCX pullback lower, or looking for signs of stabilization near support? Let's discuss below! ๐
๐ Trade: $SPCX
#SPCX #SpaceExploration #BinanceSquare #bearish