$SPCX | 1h | Rejection Short


Bias: Short
Entry Zone: 194.80 to 196.20
Stop Loss: 200.40
Targets:
TP1: 188.90
TP2: 184.20
TP3: 178.50
Invalidation:
Close above 200.40
Why This Setup:
I’m favoring a short while price keeps failing to reclaim the 200 area after the impulsive spike and the move is now rolling over from a lower high structure. I want a rejection or weak retest into the 195-196 zone, with room for a clean continuation back toward the prior range low and liquidity below 189.

#GateSquareMayTradingShare
SPCX-6.02%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned