$SPCX

#spcxusdt is trading near the 136.13 level after a recovery bounce off its 110.00 macro support base. The daily chart shows a lower-high rejection near 150.00, pushing price back into a consolidation range as buyers attempt to preserve the higher-low structure formed during the recent rebound.

The nearest support sits around 120.00–125.00, which serves as the immediate demand buffer on further retracement. Below that, the primary structural base rests at the 105.00–110.00 level. Overall, the market structure remains in a broader multi-month downtrend, with current price action reflecting a neutral consolidation phase following the initial bounce.

Traders should monitor whether price can build a higher low above 125.00 to stage another attempt toward upper levels. Rejection near 140.00–145.00 keeps price locked in range-bound trading between 120.00 and 145.00. On the upside, a clean close above 150.00 would be required to shift short-term momentum toward the 165.00 and 180.00 resistance zones.