SPCX is currently around 139.6. It has been going sideways for two days, and I’ll continue to watch this level.
After that drop to 135.7 when 144 got smashed, the repair was completed, and since then the price has kept grinding within a tight range of 139 to 140.5. Now it’s riding along the 15-minute moving average, sliding from the top side down to the bottom (the dual moving averages 139.85/139.96 are right overhead). There’s no clear direction.
What really stands out is the capital flow. In the active trades, buy orders account for only 27%; more than 70% are sell orders that are being hit. Yet the price stubbornly refuses to break 139.2—sell walls keep pressing, but they can’t push through. Open interest has shrunk by more than 2% in a day, and active trading volume is also decreasing. The money is flowing out rather than being picked up by incoming buyers.
All 8 rates are negative but sitting right near zero (mean -0.004%). The longs aren’t crowded, and the shorts haven’t gained an advantage either. Whale accounts show an increase in the number of long positions (+6.5%), but their position share is still under half; even big players are holding back and waiting.
In plain terms: it’s a low-volume range-bound move, and neither bulls nor bears are willing to commit. To go up, it needs a breakout with volume above 140.5. To go down, it needs to lose 139.2. At this price, we’re basically waiting for the result. Neither side chases—let the direction emerge first.
#spcx $SPCX
After that drop to 135.7 when 144 got smashed, the repair was completed, and since then the price has kept grinding within a tight range of 139 to 140.5. Now it’s riding along the 15-minute moving average, sliding from the top side down to the bottom (the dual moving averages 139.85/139.96 are right overhead). There’s no clear direction.
What really stands out is the capital flow. In the active trades, buy orders account for only 27%; more than 70% are sell orders that are being hit. Yet the price stubbornly refuses to break 139.2—sell walls keep pressing, but they can’t push through. Open interest has shrunk by more than 2% in a day, and active trading volume is also decreasing. The money is flowing out rather than being picked up by incoming buyers.
All 8 rates are negative but sitting right near zero (mean -0.004%). The longs aren’t crowded, and the shorts haven’t gained an advantage either. Whale accounts show an increase in the number of long positions (+6.5%), but their position share is still under half; even big players are holding back and waiting.
In plain terms: it’s a low-volume range-bound move, and neither bulls nor bears are willing to commit. To go up, it needs a breakout with volume above 140.5. To go down, it needs to lose 139.2. At this price, we’re basically waiting for the result. Neither side chases—let the direction emerge first.
#spcx $SPCX