$SPCX clearly bearish｜weak structure not yet resolved
$SPCX #SPCXUSDT #马斯克 #SpaceX #火箭 # short
SPCXUSDT is currently quoted at 133.37, with a 24-hour range of 130.71—139.98. The contract trading volume is about $116 million, and the SPCXB spot trading volume is about $35.31 million.
Rationale for shorting:
① In the past 24 hours it is still -2.72%; the weak structure has not shown a clear reversal.
② On the 15-minute chart it continues to fall -0.04%. If it breaks down with increased volume below 132.25, shorts may accelerate again.
③ The current price is still close to the short-term support at 132.25. Once it is lost, the next watch level is 130.27.
Key resistance: 133.64
Defensive support: 132.25
Breakdown target: 130.27
Short thesis invalidation: regain and hold above 135.24
Conclusion: The direction is clearly bearish. Until the resistance level is effectively reclaimed, I still view any rise as a rebound rather than a trend reversal. If chasing shorts, wait for confirmation to avoid being swept by a short-term pullback near support.
Data scope: SPCXUSDT futures; SPCXB spot is for liquidity reference only. For market observation only and does not constitute investment advice.
$SPCX #SPCXUSDT #马斯克 #SpaceX #火箭 # short
SPCXUSDT is currently quoted at 133.37, with a 24-hour range of 130.71—139.98. The contract trading volume is about $116 million, and the SPCXB spot trading volume is about $35.31 million.
Rationale for shorting:
① In the past 24 hours it is still -2.72%; the weak structure has not shown a clear reversal.
② On the 15-minute chart it continues to fall -0.04%. If it breaks down with increased volume below 132.25, shorts may accelerate again.
③ The current price is still close to the short-term support at 132.25. Once it is lost, the next watch level is 130.27.
Key resistance: 133.64
Defensive support: 132.25
Breakdown target: 130.27
Short thesis invalidation: regain and hold above 135.24
Conclusion: The direction is clearly bearish. Until the resistance level is effectively reclaimed, I still view any rise as a rebound rather than a trend reversal. If chasing shorts, wait for confirmation to avoid being swept by a short-term pullback near support.
Data scope: SPCXUSDT futures; SPCXB spot is for liquidity reference only. For market observation only and does not constitute investment advice.