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$SPCX | 1H | Range Rejection Short
Bias: Short
Entry Zone: 166.70 to 167.10
Stop Loss: 168.10
Targets:
TP1: 165.80
TP2: 165.10
TP3: 164.20
Invalidation:
Close above 168.10
Why This Setup:
I’m watching the post-spike range for weakness after the rejection from the recent local high. Price is consolidating below resistance, and I want a short only if it fails to reclaim 167.00 with follow-through back into the lower part of the range.
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