$SPCX /USDT REJECTING MOVING AVERAGE RESISTANCE ARE BEARS TARGETING $159.95 NEXT?
Pair: $SPCX /USDT
Direction: SHORT
Entry Price: 163.35
Target Levels (Take Profit)
TP 1: 162.08 0.78%
TP 2: 161.23 1.30%
TP 3: 159.95 2.08%
Stop Loss
SL: 165.05
Technical Breakdown
SPCX ($163.36) staged a minor recovery following a sharp drop from local resistance near 168.00–170.00. The current price action shows a series of tight candles capping underneath immediate resistance, signaling seller dominance and setting up a retest of lower support baselines.
Price action is capped directly below short-term MA 7 (~163.20) and intermediate MA 25 (~164.00), while long-term baseline MA 99 (~168.00) sits overhead. The descending alignment of moving averages reinforces sell-side pressure.
RSI (14) is hovering around the 45.00 neutral baseline, failing to generate upward momentum and reflecting lack of buyer follow-through. The MACD histogram bars remain compressed near the zero line with signal lines flat, indicating suppressed volatility ahead of a potential downside breakdown expansion.
$SPCX
Pair: $SPCX /USDT
Direction: SHORT
Entry Price: 163.35
Target Levels (Take Profit)
TP 1: 162.08 0.78%
TP 2: 161.23 1.30%
TP 3: 159.95 2.08%
Stop Loss
SL: 165.05
Technical Breakdown
SPCX ($163.36) staged a minor recovery following a sharp drop from local resistance near 168.00–170.00. The current price action shows a series of tight candles capping underneath immediate resistance, signaling seller dominance and setting up a retest of lower support baselines.
Price action is capped directly below short-term MA 7 (~163.20) and intermediate MA 25 (~164.00), while long-term baseline MA 99 (~168.00) sits overhead. The descending alignment of moving averages reinforces sell-side pressure.
RSI (14) is hovering around the 45.00 neutral baseline, failing to generate upward momentum and reflecting lack of buyer follow-through. The MACD histogram bars remain compressed near the zero line with signal lines flat, indicating suppressed volatility ahead of a potential downside breakdown expansion.
$SPCX