$SPCX | 1H | Bearish Retest


Bias: Short
Entry Zone: 155.00 to 157.00
Stop Loss: 162.20
Targets:
TP1: 151.20
TP2: 148.00
TP3: 143.50
Invalidation:
Close above 162.20
Why This Setup:
I’m seeing a clear downtrend with lower highs and repeated rejection from the 158-162 supply zone. Price is now losing the 155 area after a weak bounce, so I’m looking for continuation lower if sellers keep defending the retest.
SPCX5.12%
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