$SPCXB BREAKS KEY STRUCTURE AS BEARISH MOMENTUM ACCELERATES 📉
Entry: 153.5 - 155.5 🔥
Target: 148.0, 143.0, 138.0 🚀
Stop Loss: 160.0 ⚠️
The recent breakdown in $SPCXB confirms a shift in market structure, with sellers now maintaining dominance across the lower timeframes. Price action is printing sustained bearish candles, and the lack of buyer participation at current levels suggests the path of least resistance remains to the downside.
I am monitoring the $153.5 to $155.5 zone for potential relief bounces to initiate short exposure. With the trend firmly established, are you looking to play the breakdown or waiting for a deeper retest of resistance?
Not financial advice. Always manage your risk.
#SPCXB #ShortSetup #MarketStructure #TradingStrategy
🎯
Entry: 153.5 - 155.5 🔥
Target: 148.0, 143.0, 138.0 🚀
Stop Loss: 160.0 ⚠️
The recent breakdown in $SPCXB confirms a shift in market structure, with sellers now maintaining dominance across the lower timeframes. Price action is printing sustained bearish candles, and the lack of buyer participation at current levels suggests the path of least resistance remains to the downside.
I am monitoring the $153.5 to $155.5 zone for potential relief bounces to initiate short exposure. With the trend firmly established, are you looking to play the breakdown or waiting for a deeper retest of resistance?
Not financial advice. Always manage your risk.
#SPCXB #ShortSetup #MarketStructure #TradingStrategy
🎯