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$SPCX | 1h | Rejection Short
Bias: Short
Entry Zone: 192.00 to 195.00
Stop Loss: 200.50
Targets:
TP1: 188.50
TP2: 184.00
TP3: 179.50
Invalidation:
Close above 200.50
Why This Setup:
I’m seeing price fail to reclaim the 192 to 195 resistance area after a sharp impulse up, with lower highs and weak rebound attempts keeping the structure bearish. I want to sell the retest or continuation loss of 190, looking for liquidity back toward the prior range lows.
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