🚨 $SPCX HITS HEAVY MOVING AVERAGE RESISTANCE AS SELLERS EYE A FRESH BREAKDOWN 📉
Entry: 137.39760 - 137.48240 ⚡
Target: 136.05481 - 133.74617 🎯
Stop Loss: 139.28692 🛑
📌 $SPCX remains heavily suppressed beneath both the 4H and 1H EMA50 and EMA200 dynamic resistance stack. 📊 Momentum sits firmly with the bears as 4H RSI prints a bleak 31.9, signaling continued supply pressure on every minor relief bounce.
🔍 While lower timeframe flow shows a temporary bid driving the 15m ADX to 27.8, this looks like a classic liquidity trap right into heavy overhead resistance. 💡 Once this counter-trend push stalls, order books point toward another steep leg down. 💬 Are you fading this relief rally or waiting for clean breakdown confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #Bearish #PriceAction #Crypto
🎯 🐻
Entry: 137.39760 - 137.48240 ⚡
Target: 136.05481 - 133.74617 🎯
Stop Loss: 139.28692 🛑
📌 $SPCX remains heavily suppressed beneath both the 4H and 1H EMA50 and EMA200 dynamic resistance stack. 📊 Momentum sits firmly with the bears as 4H RSI prints a bleak 31.9, signaling continued supply pressure on every minor relief bounce.
🔍 While lower timeframe flow shows a temporary bid driving the 15m ADX to 27.8, this looks like a classic liquidity trap right into heavy overhead resistance. 💡 Once this counter-trend push stalls, order books point toward another steep leg down. 💬 Are you fading this relief rally or waiting for clean breakdown confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #ShortSetup #Bearish #PriceAction #Crypto
🎯 🐻
