Nice move on $SPCX perfect catch book some profit here
SPCXUSDT
Perp
151.3
-16.35%
Post
--Bearish
Habib Analyst
·
--
BearishSpaceX touched 183.76 this morning. It's 165 now. Every single bounce since that top has been sold into hard. The people buying this "dip" are becoming the exit liquidity.
📉 $SPCX/USDT — SHORT
⚙️ The Execution Plan
Entry Zone: 165.00 – 167.61
Stop Loss: 171.00
TP1: 159.00
TP2: 155.00
TP3: 152.00
Why This Setup?
Three EMAs Stacked Above Like a Ceiling With No Gaps
EMA(7) at 167.61, EMA(25) at 169.31, EMA(99) at 170.24 — all three sitting above current price in perfect bearish order. That's a 5-point EMA wall between 167 and 170. Price tried to push through it after the 152 bounce and got rejected immediately. Didn't even close one candle above EMA(7). That rejection is the entry signal.
183 to 152 in One Session — That Kind of Damage Doesn't Heal Fast
A 17% drop from 183.76 to 152.00 leaves a lot of trapped longs underwater. Every recovery attempt gives those trapped buyers a chance to exit at break-even or less loss. That selling pressure doesn't disappear on a single bounce. It keeps capping every rally until the real base forms — and 165 is not a base.
Volume Spike Was On the Flush, Not the Recovery
That massive volume bar at the 152 low — 4.04M on the candle — was panic selling and stop hunts, not accumulation. Since the bounce, MA(5) at 613K is running well below MA(10) at 797K. Recovery volume is shrinking every candle. $5.19B USDT in 24h tells you this is a heavily traded name — and the smart money in that volume was not buying the bounce.
💬 The Debate: SpaceX is one of the most valuable private companies on earth — but tokenized or not, a 17% single-session drop with no volume on the recovery is a red flag. Do you trust this bounce or is 152 getting retested before any real recovery? 👇
{future}(SPCXUSDT)
📉 $SPCX/USDT — SHORT
⚙️ The Execution Plan
Entry Zone: 165.00 – 167.61
Stop Loss: 171.00
TP1: 159.00
TP2: 155.00
TP3: 152.00
Why This Setup?
Three EMAs Stacked Above Like a Ceiling With No Gaps
EMA(7) at 167.61, EMA(25) at 169.31, EMA(99) at 170.24 — all three sitting above current price in perfect bearish order. That's a 5-point EMA wall between 167 and 170. Price tried to push through it after the 152 bounce and got rejected immediately. Didn't even close one candle above EMA(7). That rejection is the entry signal.
183 to 152 in One Session — That Kind of Damage Doesn't Heal Fast
A 17% drop from 183.76 to 152.00 leaves a lot of trapped longs underwater. Every recovery attempt gives those trapped buyers a chance to exit at break-even or less loss. That selling pressure doesn't disappear on a single bounce. It keeps capping every rally until the real base forms — and 165 is not a base.
Volume Spike Was On the Flush, Not the Recovery
That massive volume bar at the 152 low — 4.04M on the candle — was panic selling and stop hunts, not accumulation. Since the bounce, MA(5) at 613K is running well below MA(10) at 797K. Recovery volume is shrinking every candle. $5.19B USDT in 24h tells you this is a heavily traded name — and the smart money in that volume was not buying the bounce.
💬 The Debate: SpaceX is one of the most valuable private companies on earth — but tokenized or not, a 17% single-session drop with no volume on the recovery is a red flag. Do you trust this bounce or is 152 getting retested before any real recovery? 👇
{future}(SPCXUSDT)
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.