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📉 $SPCX SHORT Setup (Gate Perp)
Entry: 152.0 – 153.0 (current zone or small bounce)
SL: 155.5
TP1: 149
TP2: 146
TP3: 142 (key structural level)
RR: 1:2 → 1:4+
Lev: 5-8x max
Reason: Continued selling pressure post-IPO + bond news. Structure broken on lower timeframe, momentum still down. Watching for breakdown below 150.
#SpaceXPlunges16%MarketCapErodes400B