🔴 $SPCX /USDT · Bias: SHORT
4h bearish stack keeps price below EMA50 and EMA200, so the swing trend is down.
Entry: 134.87518 – 135.56482
TP1: 130.25065 (-3.7%)
TP2: 126.93774 (-6.1%)
TP3: 121.96839 (-9.8%)
SL: 141.84581 (+4.9%)
Note: moderate conviction only, keep size light.
Why: The 4h trend shows price below EMA50 and EMA200, meaning the swing trend is down.
Risk: BTC is rising, this coin follows (corr 0.69)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you see room for more downside from here?
4h bearish stack keeps price below EMA50 and EMA200, so the swing trend is down.
Entry: 134.87518 – 135.56482
TP1: 130.25065 (-3.7%)
TP2: 126.93774 (-6.1%)
TP3: 121.96839 (-9.8%)
SL: 141.84581 (+4.9%)
Note: moderate conviction only, keep size light.
Why: The 4h trend shows price below EMA50 and EMA200, meaning the swing trend is down.
Risk: BTC is rising, this coin follows (corr 0.69)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you see room for more downside from here?
