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$SPCX | 1H | Reversal Bounce
Bias: Long
Entry Zone: 154.80 to 156.20
Stop Loss: 149.70
Targets:
TP1: 160.80
TP2: 164.80
TP3: 169.50
Invalidation:
Close below 149.70
Why This Setup:
I’m watching a reclaim of the 155 area after a sharp selloff and base formation, with price trying to hold above the recent local low. If momentum confirms, I expect a bounce back into the 160s as liquidity above the breakdown gets traded.