🚨 $SPCX BOUNCE ≠ BULLISH REVERSAL
$SPCX has rebounded from $108 → $133, but I’m not calling a trend reversal yet. 👀
The biggest concern is still post-unlock supply risk. With insider shares now tradable, selling pressure could remain even as sentiment improves.
📊 Key levels:
🔴 $133 → immediate resistance
🟢 $110–$105 → key support
🟡 $100–$80 → longer-term accumulation zone
The confirmation is simple:
📈 Close above $145 → bullish case strengthens
📉 Close below $105 → another leg lower becomes more likely
For now, patience.
A bounce can change sentiment.
Only sustained price action can confirm the trend. 📊
NFA. DYOR.
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