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$SPCX | 1h | Bounce Reversal
Bias: Long
Entry Zone: 126.20 to 126.90
Stop Loss: 124.85
Targets:
TP1: 128.40
TP2: 130.20
TP3: 132.10
Invalidation:
Close below 124.85
Why This Setup:
I’m leaning long after the sharp selloff into the 125 area, where price is trying to stabilize and reclaim intraday support. If buyers hold this base and push back above 127, I expect a relief bounce toward the next resistance bands.