SPCX maintains a moderately bullish structure. The moving average alignment is favorable: EMA5 at 137.11 > EMA10 at 136.51 > EMA20 at 134.19 > EMA120 at 122.00. This indicates that the recent rebound is not limited to an intraday move, but has also improved the medium-term trend.
However, the reference price, around 138.53, is just below an important supply zone. Therefore, the trend remains positive, but the room for immediate upside is smaller and the probability of consolidation or pullback before a new bullish leg increases.
$SPCX
However, the reference price, around 138.53, is just below an important supply zone. Therefore, the trend remains positive, but the room for immediate upside is smaller and the probability of consolidation or pullback before a new bullish leg increases.
$SPCX