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📉 $SPCX - Short Selling Plan (SHORT)
📌 Trading Plan
🔹 Entry Range: 170.524574 – 171.473304
🔹 Stop Loss (SL): 175.552842
🎯 Targets
• TP1: 167.583512
• TP2: 165.306560
• TP3: 161.891132
📊 Why choose to short?
✅ 15-minute RSI is at 47.69, in a neutral zone but leaning weak.
✅ The daily trend remains in a consolidation range, lacking momentum for a breakout upward.
✅ Entry price around 170.99, with about 2.5% downward potential to TP1.
✅ 1-hour ATR is 3.4, indicating low volatility, favoring a slow decline rather than a rapid surge.
⚠️ If the price breaks above and stabilizes above 175.552842, the short-selling logic becomes invalid.
🔥 Trade $SPCX Here 👇