🚨 $SPCX Short Setup Loading...
The market narrative is changing.
What started as a brutal short squeeze from the 160 region to 214 has now shifted into something very different: signs of high-level divergence and fading momentum.
📊 Current Price Zone: ~194
📉 Bias: Bearish Below 200
After crushing bears on the way up, the market is finally showing signs of exhaustion. Selling pressure is increasing, and recent price action suggests that buyers are no longer in complete control.
🎯 Key Levels to Watch
🔴 Major Resistance: 198 – 200
🟡 Current Zone: 194
🟢 Downside Targets: 188 → 184
🐻 Bear Scenario:
• Price remains below 200
• Rebounds fail near 198-200
• Sellers continue defending resistance
• Breakdown below 192.5 confirms weakness
• Targets at 188 and 184 come into focus
🐂 Bull Scenario:
• Buyers reclaim 200 with strong volume
• Momentum returns to the upside
• Short positions get squeezed
• Market attempts another push toward higher levels
Right now, 200 is the battlefield.
As long as price stays below it, bears maintain the advantage. Every weak bounce into resistance becomes a potential opportunity for sellers to step back in.
⚠️ Remember:
The trend is your friend until it changes.
📉 Momentum fading.
🔥 Sellers becoming more aggressive.
👀 Eyes on 192.5 and the critical 200 resistance zone.
