$SPCX

SHORT SETUP | WEAKNESS CONFIRMED

Price collapsed from 161.27 high, now hovering at 148.98 — just above 24H low 148.39. Rejection at MA(5) volume declining (105K vs 167K avg) — sellers in control.

Lower highs forming. Momentum fading. Break below 148.39 triggers acceleration.

EP: 148.80 – 149.20
TP1: 147.80
TP2: 145.50
TP3: 142.00
SL: 150.50 (above recent resistance)

Risk 1.5% per trade. Short only if price holds below 149.50.

Confluence: MACD bearish cross pending. Volume profile confirms distribution.

$SPCX
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