🚨 $SPCX LOSES CRITICAL MOVING AVERAGES AS SELLERS TIGHTEN THEIR GRIP 📉
Entry: 136.74364 - 136.91636 ⚡
Target: 134.68947 - 131.12192 🎯
Stop Loss: 139.68404 🛑
📌 Sellers are firmly dictating the pace here as price remains pinned beneath both the EMA50 and EMA200 across the 1H and 4H charts. 📊 The 4H RSI is compressed down at 27.2, reflecting relentless downside pressure rather than a range consolidation.
💡 Because lower-timeframe trend metrics signal a steady drift rather than an aggressive wipeout, disciplined sizing with staged scale-outs makes total sense here. 💬 Are you leaning into this downward continuation or waiting for a relief bounce before taking action? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #BearishTrend #PriceAction #Crypto
📉 🐻
Entry: 136.74364 - 136.91636 ⚡
Target: 134.68947 - 131.12192 🎯
Stop Loss: 139.68404 🛑
📌 Sellers are firmly dictating the pace here as price remains pinned beneath both the EMA50 and EMA200 across the 1H and 4H charts. 📊 The 4H RSI is compressed down at 27.2, reflecting relentless downside pressure rather than a range consolidation.
💡 Because lower-timeframe trend metrics signal a steady drift rather than an aggressive wipeout, disciplined sizing with staged scale-outs makes total sense here. 💬 Are you leaning into this downward continuation or waiting for a relief bounce before taking action? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #BearishTrend #PriceAction #Crypto
📉 🐻
