While everyone’s busy chasing the highs, $SPCX/USDT is starting to look weak on the 4H chart.
📉 $SPCX SHORT Setup
🔹 Entry: 154.79 – 155.33
🔹 Stop Loss: 161.06
🔹 TP1: 150.56
🔹 TP2: 147.56
🔹 TP3: 143.06
RSI is sitting around 37 on the 15m timeframe, showing weakness without being oversold. The daily trend still looks range-bound rather than bullish, and volatility remains compressed, which often leads to a sharp move once momentum kicks in.
I'm watching for a breakdown from this area, with TP3 targeting the bigger move lower.
What do you think — is this the start of a deeper pullback, or will $SPCX fake out traders with one more push higher first? 👀
Click here to Trade👇
$SPCX
📉 $SPCX SHORT Setup
🔹 Entry: 154.79 – 155.33
🔹 Stop Loss: 161.06
🔹 TP1: 150.56
🔹 TP2: 147.56
🔹 TP3: 143.06
RSI is sitting around 37 on the 15m timeframe, showing weakness without being oversold. The daily trend still looks range-bound rather than bullish, and volatility remains compressed, which often leads to a sharp move once momentum kicks in.
I'm watching for a breakdown from this area, with TP3 targeting the bigger move lower.
What do you think — is this the start of a deeper pullback, or will $SPCX fake out traders with one more push higher first? 👀
Click here to Trade👇
$SPCX