🔻 $SPCX FACES DISTRIBUTION PRESSURE AS SELLERS DEFEND KEY RESISTANCE! 🐻
Entry: 145.67601 - 145.80399 ⚡
Target: 143.78987 - 140.53965 🎯
Stop Loss: 148.34018 🛑
📌 Price action on $SPCX reveals clear institutional distribution, with structural breakdown unfolding below both the 1H EMA50 and EMA200. 📊 Bearish order flow remains dominant as 4H RSI compresses into 31.1, signaling sustained seller control.
🔍 While testing the range floor introduces bounce risk, entering strictly inside the supply retest zone provides clean asymmetry toward lower liquidity pools. 💡 Are you positioning with this downward momentum or anticipating a range reclaim? 💬
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #PriceAction #Bearish #Crypto
🎯 🦈
Entry: 145.67601 - 145.80399 ⚡
Target: 143.78987 - 140.53965 🎯
Stop Loss: 148.34018 🛑
📌 Price action on $SPCX reveals clear institutional distribution, with structural breakdown unfolding below both the 1H EMA50 and EMA200. 📊 Bearish order flow remains dominant as 4H RSI compresses into 31.1, signaling sustained seller control.
🔍 While testing the range floor introduces bounce risk, entering strictly inside the supply retest zone provides clean asymmetry toward lower liquidity pools. 💡 Are you positioning with this downward momentum or anticipating a range reclaim? 💬
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #PriceAction #Bearish #Crypto
🎯 🦈