The moment the market opened and the order board came up, it showed $SPCXB red flames—looks like the old man’s hands are still shaking, getting ready to cut the position and stop-loss. Don’t let the market lead you around; staying level-headed is the way to survive in this arena.
Taking a closer look at the current technical data, I notice a few pretty interesting points:
🔹 15-minute chart: Price is hovering around 153.13, slightly higher than MA(20) at 152.43 and EMA(9) at 152.53. This suggests that short-term buying pressure is still trying to hold the rhythm; there’s no sign of a panicked sell-off.
🔹 1-hour chart: Things look tighter, with MA(20) at 154.90 and EMA(9) at 153.82. Current price is below both lines, indicating that the SHORT side has the advantage in the short-term trend.
From a practical, in-the-field perspective, $SPCXB is in the process of retesting a hard support zone around 152. If that level breaks, it’s highly likely there will be a free-fall move to sweep liquidity. Conversely, if it holds and breaks out above the 154 zone, that would be a signal for a recovery PUMP.
My personal setup for this trade is as follows:
🎯 Position: Probing LONG
🎯 Entry: Around 152.5 - 153.0
🎯 TP: 155.5 - 157.0
🎯 SL: 151.2 (Breaking this zone is a bad trend sign; I’ll exit immediately without hesitation)
Honestly, I’m waiting to see whether the bulls have enough strength to reclaim their position on the 1-hour chart. And you—at the current price of 153, are you choosing to stay out and observe, or have you started accumulating?
#Crypto #Trading #Dautu
Note: This is my personal viewpoint, not investment advice. Trading always involves risk (DYOR).
Taking a closer look at the current technical data, I notice a few pretty interesting points:
🔹 15-minute chart: Price is hovering around 153.13, slightly higher than MA(20) at 152.43 and EMA(9) at 152.53. This suggests that short-term buying pressure is still trying to hold the rhythm; there’s no sign of a panicked sell-off.
🔹 1-hour chart: Things look tighter, with MA(20) at 154.90 and EMA(9) at 153.82. Current price is below both lines, indicating that the SHORT side has the advantage in the short-term trend.
From a practical, in-the-field perspective, $SPCXB is in the process of retesting a hard support zone around 152. If that level breaks, it’s highly likely there will be a free-fall move to sweep liquidity. Conversely, if it holds and breaks out above the 154 zone, that would be a signal for a recovery PUMP.
My personal setup for this trade is as follows:
🎯 Position: Probing LONG
🎯 Entry: Around 152.5 - 153.0
🎯 TP: 155.5 - 157.0
🎯 SL: 151.2 (Breaking this zone is a bad trend sign; I’ll exit immediately without hesitation)
Honestly, I’m waiting to see whether the bulls have enough strength to reclaim their position on the 1-hour chart. And you—at the current price of 153, are you choosing to stay out and observe, or have you started accumulating?
#Crypto #Trading #Dautu
Note: This is my personal viewpoint, not investment advice. Trading always involves risk (DYOR).