đ $SPCXB /USDT Market Update | Bulls Holding Strong! đ
$SPCXB continues to show resilience after its explosive move toward 191.10, with price currently consolidating around 168. Healthy consolidation after a strong rally is often a sign that the market is preparing for its next major move.
đ Technical Snapshot (4H Chart):
đč Current Price: 167.98
đč RSI(6): 72.29 â Momentum remains bullish, but traders should watch for short-term volatility.
đč Major Resistance: 180.00 - 191.00
đč Key Support: 163.00 - 158.00
đč Supertrend: 180.89 (Resistance zone to reclaim)
đĄ Trading Idea â Aggressive bulls may look for a breakout above 180 for continuation. â Conservative traders can wait for a retest of support before entering. â ïž A break below 163 could trigger deeper profit-taking.
đ„ What to Watch Next? If buyers push SPCXB back above the Supertrend resistance, the market could target the previous high near 191 and potentially discover new highs.
đ Trend: Bullish Consolidation đŻ Short-Term Target: 180 â 191 đĄ Risk Zone: Below 163
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