$SPCX is carving out a potential bottom on the weekly chart after hitting local support at the 116.0500 mark. The price has experienced a healthy intraday bounce to 129.39, locking in a steady 3.35% gain as institutional 24-hour volume hits a massive 105.89M. Following weeks of correction, this strong price rejection at the lower levels hints at heavy accumulation, setting up a solid base for a major relief rally back into key resistance territory.

Target 1: 159.7100 Target 2: 184.3395 Target 3: 208.9685

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$SPCX