Trading Plan Short $SPCX

$SPCX rejected the 211.28 resistance, pushing back under the 1H upper Bollinger Band.

Entry: $209.45-$211.45

Stoploss: $217.50

Targets: $206.00 / $198.00 / $188.00

SPCX tapped into the 211.28 supply zone, a clear upthrust after a 42% BB squeeze contraction over the last 10 hours. Retail is heavily long (L/S ratio 2.14), expecting a breakout that smart money is likely distributing into. OI dropped 8.77% in 24h, suggesting longs are getting trapped as sellers become aggressive. This looks like a clean deviation setup for a flush. Reclaim $217.50, short invalid.

Trade $SPCX here 👇

SPCX
SPCXUSDT
194.87
-5.02%