🪙 Coin: $SPCX /USDT
📈 Direction: LONG
💰 Entry Zone: $128.80 to $130.20
🎯 Take Profit:
TP1: $131.80
TP2: $134.00
TP3: $136.80
TP4: $140.00
🛑 Stop Loss: $126.80
📊 Leverage: 10x to 15x
📈 Confidence: 83%
📝 Analysis:
The $39.9K short liquidation is a strong sign that bearish positions were forced to close, adding momentum to the upside. If SPCX holds above the current support area, buyers could continue driving the price toward higher resistance levels. Price remaining above the 50 EMA confirms the short term bullish trend, while RSI staying above 50 shows healthy momentum without being overbought. A bullish MACD crossover and increasing trading volume strengthen the setup. Liquidity above recent highs could attract price, and a confirmed breakout may lead to a sustained rally toward the listed profit targets.
#USDC supply and transaction growth
#Fed Chair signals potential rate hike
#Figma increases Bitcoin ETF holdings
