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$SPCX | 1h | Breakdown Reclaim Setup
Bias: Long
Entry Zone: 156.80 to 158.20
Stop Loss: 149.20
Targets:
TP1: 163.80
TP2: 168.50
TP3: 175.50
Invalidation:
Close below 149.20
Why This Setup:
I’m leaning long only if price can hold back above the 156-158 reclaim after the sharp selloff into the 148-150 area. The recent spike in volume shows dip buyers are active, and a clean hold above the reclaimed level could fuel a move back into the prior breakdown zone.