๐ป $SPCX FACES DISTRIBUTION PRESSURE AS SELLERS DEFEND KEY RESISTANCE! ๐ป
Entry: 145.67601 - 145.80399 โก
Target: 143.78987 - 140.53965 ๐ฏ
Stop Loss: 148.34018 ๐
๐ Price action on $SPCX reveals clear institutional distribution, with structural breakdown unfolding below both the 1H EMA50 and EMA200. ๐ Bearish order flow remains dominant as 4H RSI compresses into 31.1, signaling sustained seller control.
๐ While testing the range floor introduces bounce risk, entering strictly inside the supply retest zone provides clean asymmetry toward lower liquidity pools. ๐ก Are you positioning with this downward momentum or anticipating a range reclaim? ๐ฌ
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SPCX #ShortSetup #PriceAction #Bearish #Crypto
๐ฏ ๐ฆ
Entry: 145.67601 - 145.80399 โก
Target: 143.78987 - 140.53965 ๐ฏ
Stop Loss: 148.34018 ๐
๐ Price action on $SPCX reveals clear institutional distribution, with structural breakdown unfolding below both the 1H EMA50 and EMA200. ๐ Bearish order flow remains dominant as 4H RSI compresses into 31.1, signaling sustained seller control.
๐ While testing the range floor introduces bounce risk, entering strictly inside the supply retest zone provides clean asymmetry toward lower liquidity pools. ๐ก Are you positioning with this downward momentum or anticipating a range reclaim? ๐ฌ
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SPCX #ShortSetup #PriceAction #Bearish #Crypto
๐ฏ ๐ฆ