🚨 $SPCX TRAPPED BENEATH HEAVY RESISTANCE AS SELLERS ACCELERATE DOWNTREND! 📉
Entry: 145.71189 – 145.96811 ⚡
Target: 143.21008 🎯
Stop Loss: 149.34656 🛑
📌 Bearish market structure remains firmly in control as $SPCX stays pinned below stacked 50 and 200 EMAs on the 1H timeframe. Momentum is clearly siding with the bears, with 15m ADX expanding near 25 while 1H RSI sits heavily suppressed at 42.6.
💡 Price is retesting our supply pocket between 145.71 and 145.96, offering a clean technical zone to lean against with defined risk above 149.34. As long as dynamic overhead resistance rejects every push, the path of least resistance points toward lower liquidity.
💬 Are you taking the short on this EMA rejection, or waiting for a flush deeper into support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #Bearish #PriceAction #Trading
🎯 🐻
Entry: 145.71189 – 145.96811 ⚡
Target: 143.21008 🎯
Stop Loss: 149.34656 🛑
📌 Bearish market structure remains firmly in control as $SPCX stays pinned below stacked 50 and 200 EMAs on the 1H timeframe. Momentum is clearly siding with the bears, with 15m ADX expanding near 25 while 1H RSI sits heavily suppressed at 42.6.
💡 Price is retesting our supply pocket between 145.71 and 145.96, offering a clean technical zone to lean against with defined risk above 149.34. As long as dynamic overhead resistance rejects every push, the path of least resistance points toward lower liquidity.
💬 Are you taking the short on this EMA rejection, or waiting for a flush deeper into support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #Bearish #PriceAction #Trading
🎯 🐻