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$SPCX | 1h | Range Reversal Bounce
Bias: Long
Entry Zone: 154.80 to 157.00
Stop Loss: 148.10
Targets:
TP1: 163.90
TP2: 168.40
TP3: 175.10
Invalidation:
Close below 148.10
Why This Setup:
I’m looking for a bounce after the sharp selloff into the current support zone, where price is trying to stabilize above the recent lows. If buyers reclaim 157 and hold it, I expect a move back toward the prior breakdown levels and the next resistance pockets.