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🔥 Shu Qin · New Signal
Direction: Short
Currency:
Entry: 175-180
Take Profit: 1
Original message: SPCX
Direction: Short - Low Leverage
Entry: Near 175-180
Confidence Level: Medium
Leverage: 1x
Position Size: 10%
Take Profit: 1: Near 165 (for safety) Point 2: Near 140
Stop Loss: Wait and see after the market opens.
Reason: SPCX contract market is seriously overvalued by 35% compared to IPO price, which is profitable.
Note: Do not place orders at integer prices, as they are hard to execute. Place them slightly below resistance zones for easier execution. Currently, due to many fake breakouts and fake dips, to prevent such situations, we set stop-loss a bit higher, lower the risk-reward ratio, and significantly increase the win rate.