$SPCX Short setup is looking good from the current zone
Price is struggling around the $149.90 - $150.50 short entry area, showing weakness after failing to continue higher.
The major resistance remains at $152.80 - $154.70.
As long as price stays below the entry/resistance area, bears can push it back toward the lows.
Short Setup
Entry: $149.90 - $150.50
Target: $144.80 - $145.20
Major Resistance: $152.80 - $154.70
A rejection from here can give a clean move towards $145.
Must use stop loss while trading.
Trade on $SPCX
Price is struggling around the $149.90 - $150.50 short entry area, showing weakness after failing to continue higher.
The major resistance remains at $152.80 - $154.70.
As long as price stays below the entry/resistance area, bears can push it back toward the lows.
Short Setup
Entry: $149.90 - $150.50
Target: $144.80 - $145.20
Major Resistance: $152.80 - $154.70
A rejection from here can give a clean move towards $145.
Must use stop loss while trading.
Trade on $SPCX
