🚨 SPCX JUST PUSHED THE SHORTS DEEPER INTO THE FIRE

🟢 SHORT LIQUIDATION: $92.1K
📍 Liquidation Price: $176.30

Another bearish position has been forced out — and this is happening after SPCX already delivered a 7.63% surge in the previous session, closing at $171.09 on heavy volume.

Now the $176 area becomes the key battlefield.

⚡ WHAT I'M WATCHING NEXT

🔥 $176.30–$177 → Immediate momentum trigger
🚀 $180 → First psychological target
🎯 $185–$190 → Next expansion zone
💎 $200 → Bigger squeeze objective if momentum goes parabolic
🛡️ $171–$172 → First bullish-defense area
⚠️ Below $168 → Momentum structure starts weakening

📈 MY READ: BULLISH, BUT CONFIRM THE BREAK

If SPCX clears $176.30 and holds above it, another wave of short covering could push price toward $180 → $185, with $190 coming into play if buyers remain aggressive.

The backdrop is adding fuel: Morgan Stanley recently reiterated an Overweight view with a $300 price target, while investors are watching the upcoming Starship Flight 15 catalyst.

But here's the catch:

❌ Rejection at $176–$180 + loss of $171 → cooling-off risk
✅ Break $176.30 + successful retest → continuation setup

🎯 My preferred sequence:

Break → Retest → Hold → $180 → $185+ 🚀

💥 $92.1K just vanished from the short side.

The question now isn't whether shorts are under pressure…

It's whether SPCX can turn $176.30 into the launchpad for its next leg higher. 🔥

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