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$SPCX /USDT is about to expose a hidden bearish trap that most traders will miss.
$SPCX /USDT - SHORT
Trade Plan:
Entry: 148.72 – 149.12
SL: 150.84
TP1: 147.48
TP2: 146.52
TP3: 145.09
Why this setup?
Why now? The 1h price is sitting at 148.92 inside a tight entry zone between 148.72 and 149.12, giving us a precise trigger. The daily trend is range-bound, which usually favors short sellers looking for exhaustion moves. The 15m RSI is reading 49.92, showing the asset is neither oversold nor overbought but leaning bearish enough to continue the drop. The 1h ATR of 0.798772 tells us volatility is modest, so a move toward TP1 at 147.48 and TP2 at 146.52 is realistic without a wild swing. The line in the sand is 149.69, because anything above invalidates the entire setup.
Debate:
Are we hitting TP2 at 146.52 or getting trapped before the invalidation level?
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.