$SPCX Long Setup — Range Support Bounce & Consolidation
SPCX is holding stable around $153.89, maintaining structure after testing a 24h high of $154.98 and low of $150.80. The 4H chart displays sharp volatility wicks, but price action continues to hold above key local support levels.
If buying pressure builds above $153.00, we expect price to test top range liquidity near $158.00.
📍 Entry: $153.89
🎯 TP1: $156.50
🎯 TP2: $159.00
🛑 SL: $150.50
⚖️ R:R: 1:2 | Risk: 1% | Reward: 2%
Clean support defense! Are you trading the range bounce or waiting for a breakout? 👀
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