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TradOnChain

06/13 08:04

$SPCXB is exhibiting highly volatile initial price action on its 1-hour chart, printing a distinct accumulation structure right after a massive opening liquidity sweep. Following a sharp spike that reached up to $191.10 and a subsequent flush down to establish a solid base around the $157–$160 support zone, the price has stabilized and is building a series of tight local higher lows. This sideways compression demonstrates that buyers are heavily defending the current range and absorbing overhead supply. A clean breakouts past the local consolidation resistance at $175 will invalidate the short-term distribution blocks and kickstart a high-momentum expansion leg back toward its local peaks.
{spot}(SPCXBUSDT)

First Target: $182
Second Target: $195
Third Target: $210
#SPCXB #BTC #BNB
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