Retail FOMO is trapping late buyers on $SPCX as structural breakdown signals a heavy reversal.

$SPCX — SHORT

Trade Plan:

Entry: 167.710 – 170.640

SL: 174.500

TP1: 165.500

TP2: 161.000

TP3: 155.200

Why this setup?

Bearish Structure Shift: Price has broken cleanly below the 1H MA(7) at 169.38 and the key MA(25) support layer at 170.64, shifting short-term control back to the sellers (chart).

Rejection From Supply: A severe rejection wick from the 179.86 local high confirms exhaustion of buyers, backed by a significant 82.21M USDT 24h trading volume.

Liquidity Pool Target: Extreme retail long exposure without protective stop-losses creates a massive liquidity pool exposed straight down toward the major 161.00 structural demand zone.

Debate:

Are you shorting the breakdown immediately at 167.71 or waiting for a pull-back to 170.00?

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