$SPCX Clearly bearish｜Weak structure not yet resolved
$SPCX #SPCXUSDT #马斯克 #SpaceX #火箭 #Short
SPCXUSDT is currently at 137.54, with a 24-hour range of 130.24—139.6. Futures trading volume is about $152 million; spot trading volume (SPCXB) is about $47.08 million.
Reasons for the short:
① In the past 24 hours it rose +0.70%, but in the short term it has not yet escaped the pressure zone—so for now, observe a rebound from the highs.
② On the 15-minute chart it is up +0.36%; it looks more like a technical repair after oversold. Only if it can continuously hold above 137.78, could the rebound upgrade.
③ The current price is still close to short-term support at 136.39. If it breaks below, the next level to watch is 134.34.
Key resistance: 137.78
Defensive support: 136.39
Breakout target: 134.34
Short invalidation: regain and hold above 139.43
Conclusion: The direction is clearly bearish. Until the resistance zone is effectively reclaimed, I still view any rise as a rebound rather than a trend reversal. If you plan to short, wait for confirmation to avoid being stopped out by short-term mean reversion near support.
Data scope: SPCXUSDT futures; SPCXB spot is only used as liquidity reference. For chart observation only and does not constitute investment advice.
$SPCX #SPCXUSDT #马斯克 #SpaceX #火箭 #Short
SPCXUSDT is currently at 137.54, with a 24-hour range of 130.24—139.6. Futures trading volume is about $152 million; spot trading volume (SPCXB) is about $47.08 million.
Reasons for the short:
① In the past 24 hours it rose +0.70%, but in the short term it has not yet escaped the pressure zone—so for now, observe a rebound from the highs.
② On the 15-minute chart it is up +0.36%; it looks more like a technical repair after oversold. Only if it can continuously hold above 137.78, could the rebound upgrade.
③ The current price is still close to short-term support at 136.39. If it breaks below, the next level to watch is 134.34.
Key resistance: 137.78
Defensive support: 136.39
Breakout target: 134.34
Short invalidation: regain and hold above 139.43
Conclusion: The direction is clearly bearish. Until the resistance zone is effectively reclaimed, I still view any rise as a rebound rather than a trend reversal. If you plan to short, wait for confirmation to avoid being stopped out by short-term mean reversion near support.
Data scope: SPCXUSDT futures; SPCXB spot is only used as liquidity reference. For chart observation only and does not constitute investment advice.