$SPCX The short setup is forming right where price is trading.
SHORT SETUP 🔴
135.24 is the current price.
The key zone is 134.80-135.80, where price is sitting around the EMA7 and EMA99 while remaining below the EMA25 at 138.43.
I want to see bearish rejection here and a 4H close back below 135.22.
Entry: 134.80-135.80
SL: 138.80
TP1: 130.57
TP2: 122.14
R:R: ~1.35R to TP1, ~3.76R to TP2
If price reclaims 138.43 with strength, I step away from the short idea.
No chase if $SPCX drops straight to 130.57.
Trade $SPCX on Binance 👇
SHORT SETUP 🔴
135.24 is the current price.
The key zone is 134.80-135.80, where price is sitting around the EMA7 and EMA99 while remaining below the EMA25 at 138.43.
I want to see bearish rejection here and a 4H close back below 135.22.
Entry: 134.80-135.80
SL: 138.80
TP1: 130.57
TP2: 122.14
R:R: ~1.35R to TP1, ~3.76R to TP2
If price reclaims 138.43 with strength, I step away from the short idea.
No chase if $SPCX drops straight to 130.57.
Trade $SPCX on Binance 👇