$SPCXB | Potential Rebound Setup ๐
SPCX closed at $144.75 (-9.13%), but overnight trading shows a recovery toward $147.70 (+2.03%). โก
โ ๏ธ Trend Check: The chart still shows strong selling pressure. A bullish breakout with strong volume and a confirmed resistance-to-support flip are needed before considering a long entry.
๐ฏ Potential Long Setup (Conditional)
๐ข Entry Zone: $147.70โ$148.20, only after confirmation
๐ฏ TP1: $149.00
๐ฏ TP2: $150.00
๐ฏ TP3: $152.00
๐ Stop-Loss: $146.80
๐ Confirmation: Look for a strong breakout candle, increased volume, and a successful retest of resistance as support.
๐ก Trade responsibly: This is a speculative setup, not a confirmed signal. Manage risk and avoid chasing price.
#Trading #SPCX #BreakoutTrading #TechnicalAnalysis #RiskManagement
SPCX closed at $144.75 (-9.13%), but overnight trading shows a recovery toward $147.70 (+2.03%). โก
โ ๏ธ Trend Check: The chart still shows strong selling pressure. A bullish breakout with strong volume and a confirmed resistance-to-support flip are needed before considering a long entry.
๐ฏ Potential Long Setup (Conditional)
๐ข Entry Zone: $147.70โ$148.20, only after confirmation
๐ฏ TP1: $149.00
๐ฏ TP2: $150.00
๐ฏ TP3: $152.00
๐ Stop-Loss: $146.80
๐ Confirmation: Look for a strong breakout candle, increased volume, and a successful retest of resistance as support.
๐ก Trade responsibly: This is a speculative setup, not a confirmed signal. Manage risk and avoid chasing price.
#Trading #SPCX #BreakoutTrading #TechnicalAnalysis #RiskManagement