$SPCXB 24H Intraday Scalp & Swing Playbook
Entry Price149.00
Stop Loss146.40
Take Profit 1152.40
Take Profit 2154.70
Market Structure:
SpaceX (bStocks) printed a rejection wick at 154.76 and tested demand near 145.20. Price is now pressing back into the 149.30โ149.70 moving average resistance band (MA7: 148.78 | MA25: 149.69).
Here is the 1-day setup:
โโโโโโโโโโโโโโโโโโโโโ
๐ข SCENARIO A: BREAKOUT LONG (Momentum Push)
โข Bias: Bullish above 149.70
โข Entry Zone: 148.50 โ 149.50 (or clean break above 150.20)
โข Stop Loss (SL): 146.40 (Tight invalidation below MA99 at 145.21)
โข Target 1: 152.40 (Local supply โ take 50% & shift SL to BE)
โข Target 2: 154.70 (Retest of session swing high)
โข Target 3: 158.00 (Extension breakout target)
โโโโโโโโโโโโโโโโโโโโโ
๐ด SCENARIO B: SHORT FADE (Resistance Rejection)
โข Bias: Bearish rejection at local highs
โข Entry Zone: 153.20 โ 154.60 (Upper wick supply zone)
โข Stop Loss (SL): 156.20 (1H body close above high)
โข Target 1: 149.40 (Mean reversion to 25 MA โ take 50%)
โข Target 2: 145.50 (Retest of key 4H / 99 MA demand floor)
โโโโโโโโโโโโโโโโโโโโโ
Risk Management:
โข Risk: 1โ2% max account allocation
โข Invalidation: Close the long immediately if 146.40 breaks to the downside.
#SPCXB #BStocks #BฤฐNANCESQUARE #CryptoTrading #DayTrading