Post
Bearish

$SPCX /USDT is about to break range and most traders are not ready.



$SPCX /USDT - SHORT

Trade Plan:
Entry: 152.12 – 152.62
SL: 155.49
TP1: 150.03
TP2: 148.47
TP3: 146.14

Why this setup?
Why now? The 1h price is pinned at 152.37 inside a tight entry zone between 152.12 and 152.62, and the daily trend is range which means a directional move is overdue. The 15m RSI sits at 64.13, showing the short term is still leaning bullish but lacks momentum to push higher. The 1h ATR is 0.999113, a tiny reading that often precedes a sharp expansion once the range finally snaps. The target chain is built around TP1 at 150.03, TP2 at 148.47 and TP3 at 146.14, with the invalidation level held at 149.41 acting as the hard line in the sand for this setup.

Debate:
Are we testing TP2 at 148.47 or is the range about to trap the shorts?

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SPCXSPCX+5.72%


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PrinceMagsi786
17 minutes ago
Interesting 👀
0
PrinceMagsi786
17 minutes ago
First Review
LFG 🔥
0