SPX - Space X?I dont know whats the full form, but its just flowing and when it flows - we say LET IT FLOWW!
Spxusdtperp
SPX/USDT — Change of Character Signals Bearish Move Incoming The structure has shifted with a clear CHoCH (Change of Character), suggesting that bullish momentum is weakening. Price recently pulled back into a supply zone around 1.6140–1.6910, setting up a potential short opportunity.
🔍 Technical Breakdown:
Price broke below recent higher low = CHoCH confirmed
Bearish BOS followed by retracement into premium zone (FVG/Supply)
Expecting rejection and continuation to downside if price fails to reclaim 1.6140
🔧 Trade Plan:
Entry Area: 1.6140
Stoploss: Above 1.6910
Targets:
• TP1: 1.5290
• TP2: 1.4630
• TP3: 1.3500
This setup aligns with internal structure + supply zone + CHoCH. Wait for confirmation candle or bearish engulfing in entry area before executing.
