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Nobody expects $SPCX /USDT to fakeout before dumping 2%.
$SPCX - SHORT
Trade Plan:
Entry: 161.02332 – 161.13668
SL: 162.54486
TP1: 159.98135
TP2: 159.24892
TP3: 158.15028
Why this setup?
RSI on 15m sits at 61.55—still room to run before exhaustion. Price is hovering at the 4h resistance of 161.08, with ATR showing tight 0.4 range. This is a classic liquidity grab zone: either we reject here to TP1 at 159.98, or we trap bulls into the alt entry at 162.17. The 55% confidence on the short bias says probability favors the drop.
Debate:
Are you shorting the rejection at 161.08 or waiting for the fakeout above 161.74 to invalidate?
#gStocksTokenizedStocksLive