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$SPCX Short 75x – Resistance is reacting exactly as anticipated.
SPCX is finally declining from the 160.23437–160.29728 zone. I just entered a Short 75x Isolated position.
Trade Plan:
- Entry: 160.23437 – 160.29728
- TP1: 160.03936 (R:R 1:0.8)
- TP2: 159.88839 (R:R 1:1.2)
- TP3: 159.66193 (R:R 1:2.0)
- SL: 160.56777
Why this setup?
- The 4h short setup remains intact, and the daily structure is still range-bound as price reacts from 160.23437–160.29728 near 160.26582.
- 15m RSI is at 61, leaving room for sellers to continue pressing lower.
- 15m volume is at 0.05x, with 134.10000 traded versus 2.64K expected, confirming real sell-side participation.
My call. Your execution.
Trade here 👇 and Comment which part you don’t understand, and I’ll explain it clearly.
#gStocksTokenizedStocksLive