SPCX Rejects Key Resistance — Distribution Accelerating
🔴 $SPCX - SHORT
Trade Plan:
Current Price: ~155
Entry Zone: 155 - 165
SL: 170
TP1: 149
TP2: 140
TP3: 129
The image highlights SPCX rejecting the red Entry Zone resistance with lower highs and expanding sell volume. The downward arrow and bearish structure shift confirm distribution. This SHORT targets the next liquidity pools with clean risk above the swing high.
Will SPCX continue lower after losing this critical resistance?
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DYOR & manage risk!