$SPCX clearly bearish｜weak structure has not yet been resolved
$SPCX #SPCXUSDT #马斯克 #SpaceX #火箭 #short
SPCXUSDT is currently quoted at 137.6, with a 24-hour range of 130.24—139.35. The contract trading volume is approximately $147 million. The spot trading volume for SPCXB is approximately $46.03 million.
Basis for the short:
① Over the past 24 hours it is still -1.13%, and there has been no clear reversal in the weak structure.
② On the 15-minute timeframe, it rebounds by +0.02%. This looks more like a technical recovery after an oversold move; only if it can continuously hold above 138.17 can the rebound be upgraded.
③ The current price is still close to short-term support at 136.39. If it breaks down, the next observation level is 134.34.
Key resistance: 138.17
Defensive support: 136.39
Breakdown target: 134.34
Short invalidation: reclaims and holds above 139.83
Conclusion: The direction is clearly bearish. Until the resistance level is effectively reclaimed, I still view any upward move as a pullback rather than a trend reversal. If you want to short, wait for confirmation to avoid being swept by short-term covering near support.
Data scope: SPCXUSDT contract; SPCXB spot is only for liquidity reference. For market monitoring only; not investment advice.
$SPCX #SPCXUSDT #马斯克 #SpaceX #火箭 #short
SPCXUSDT is currently quoted at 137.6, with a 24-hour range of 130.24—139.35. The contract trading volume is approximately $147 million. The spot trading volume for SPCXB is approximately $46.03 million.
Basis for the short:
① Over the past 24 hours it is still -1.13%, and there has been no clear reversal in the weak structure.
② On the 15-minute timeframe, it rebounds by +0.02%. This looks more like a technical recovery after an oversold move; only if it can continuously hold above 138.17 can the rebound be upgraded.
③ The current price is still close to short-term support at 136.39. If it breaks down, the next observation level is 134.34.
Key resistance: 138.17
Defensive support: 136.39
Breakdown target: 134.34
Short invalidation: reclaims and holds above 139.83
Conclusion: The direction is clearly bearish. Until the resistance level is effectively reclaimed, I still view any upward move as a pullback rather than a trend reversal. If you want to short, wait for confirmation to avoid being swept by short-term covering near support.
Data scope: SPCXUSDT contract; SPCXB spot is only for liquidity reference. For market monitoring only; not investment advice.