đ¨ SPCX BEARS ARE GETTING SQUEEZED AGAIN!
đ˘ $106K SHORT LIQUIDATED
đ Liquidation Level: $175.76
The pressure is building fast. Another batch of shorts has been forced out above the $175 mark, right after SPCX posted a powerful 7.6% rally in the previous session.
đĽ THE NEXT TEST
$175.75â$176 â Immediate breakout zone
$180 â First upside checkpoint
$185â$190 â Momentum expansion area
$200 â Psychological target if the squeeze keeps accelerating
$170â$171 â Key short-term defense
đ MY VIEW: BULLISH MOMENTUM
If SPCX can hold above $175 and turn $176 into support, Iâd look for a continuation toward $180 â $185, with $190 becoming realistic if buyers remain aggressive.
The backdrop is also interesting: Morgan Stanley has reiterated an Overweight rating with a $300 target, while investors are watching upcoming Starship developments and SpaceX's growing AI/Starlink story.
â ď¸ But don't chase blindly.
A rejection around $176â$180, followed by a loss of $170, would suggest the squeeze is losing steam and could trigger profit-taking.
đŻ My preferred structure:
$176 breakout â hold â retest â $180 â $185+ đ
đŁ $106K just got wiped from the short side.
Now the question isn't whether shorts are feeling the heatâŚ
It's whether SPCX can turn $176 into the launchpad for the next leg. đ
#BinanceLaunchesBinanceIntelligence #EvernorthXRPTreasuryCompletesSPACMerger #ETHUp70%InQ3ButLiquidityFalls #FedOctoberHoldOdds82.3% #FedOctoberHoldOdds82.3%
đ˘ $106K SHORT LIQUIDATED
đ Liquidation Level: $175.76
The pressure is building fast. Another batch of shorts has been forced out above the $175 mark, right after SPCX posted a powerful 7.6% rally in the previous session.
đĽ THE NEXT TEST
$175.75â$176 â Immediate breakout zone
$180 â First upside checkpoint
$185â$190 â Momentum expansion area
$200 â Psychological target if the squeeze keeps accelerating
$170â$171 â Key short-term defense
đ MY VIEW: BULLISH MOMENTUM
If SPCX can hold above $175 and turn $176 into support, Iâd look for a continuation toward $180 â $185, with $190 becoming realistic if buyers remain aggressive.
The backdrop is also interesting: Morgan Stanley has reiterated an Overweight rating with a $300 target, while investors are watching upcoming Starship developments and SpaceX's growing AI/Starlink story.
â ď¸ But don't chase blindly.
A rejection around $176â$180, followed by a loss of $170, would suggest the squeeze is losing steam and could trigger profit-taking.
đŻ My preferred structure:
$176 breakout â hold â retest â $180 â $185+ đ
đŁ $106K just got wiped from the short side.
Now the question isn't whether shorts are feeling the heatâŚ
It's whether SPCX can turn $176 into the launchpad for the next leg. đ
#BinanceLaunchesBinanceIntelligence #EvernorthXRPTreasuryCompletesSPACMerger #ETHUp70%InQ3ButLiquidityFalls #FedOctoberHoldOdds82.3% #FedOctoberHoldOdds82.3%