$SPCX /USDT REJECTING OVERHEAD MOVING AVERAGE RESISTANCE ARE BEARS TARGETING $161.15 NEXT?
Pair: $SPCX /USDT
Direction: SHORT
Timeframe: 1H
Entry Price: 168.18
Target Levels (Take Profit)
TP 1: 165.54 1.57%
TP 2: 163.78 2.62%
TP 3: 161.15 4.18%
Stop Loss
SL: 171.70
Technical Breakdown
SPCX ($168.17) extended its corrective trend downward following peak rejection near $175.00. The current consolidation around $168.00 shows price struggling to reclaim overhead structure, confirming lower-high dynamics and paving the way for another downside extension.
Price action is capped directly below

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My Market View
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Pair: $CL /USDT
Direction: SHORT
Leverage: 5x
Entry Zone: 89.20 – 89.50
Take Profit:
- TP1: 88.38 +5%
- TP2: 87.73 +9%
- TP3: 86.75 +14%
Stop Loss: 90.66
Chart Structure:
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10.8
Bitcoin has one more drop, then it will rebound and take off
Bitcoin fell from 87,000, with the pullback bottoming around 82,000
There are still quite a few short sellers, but the price is still fluctuating around 83,000; there simply are very few longs
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