🚀 $SPCX — THIS IS THE LEVEL TO WATCH
$SPCX just slipped below its $135 IPO price, with sellers taking control after today’s share unlock.
Now the chart gets interesting.
📌 KEY LEVEL
$135 = reclaim level
$130 = immediate support
$150 = major resistance
🟢 BULLISH SETUP
If buyers defend $130 and reclaim $135:
$135 → $140 → $150
A clean break above $150 could open the door toward $160–$170.
🔴 BEARISH SETUP
If $130 breaks with strong selling:
$130 → $120 → $110
That would signal that buyers are still not ready to take control.
📊 PRICE MAP
$170 ━━━━━ 🎯 Target
$160 ━━━━━ 🎯 Target
$150 ━━━━━ 🚀 Breakout
$140 ━━━━━ Resistance
$135 ━━━━━ 🔑 Reclaim
$132 ━━━━━ CURRENT ZONE
$130 ━━━━━ ⚠️ Support
$120 ━━━━━ 🔻 Downside
$110 ━━━━━ 🔻 Major Support
For me, $135 is the key confirmation level.
Above $135 = bulls have a chance.
Below $130 = risk of another leg down.
No hype. No blind entries.
Wait for confirmation and manage risk.
#SPCX #SpaceX #trading #Stocks #InvestingAdventure
$SPCX just slipped below its $135 IPO price, with sellers taking control after today’s share unlock.
Now the chart gets interesting.
📌 KEY LEVEL
$135 = reclaim level
$130 = immediate support
$150 = major resistance
🟢 BULLISH SETUP
If buyers defend $130 and reclaim $135:
$135 → $140 → $150
A clean break above $150 could open the door toward $160–$170.
🔴 BEARISH SETUP
If $130 breaks with strong selling:
$130 → $120 → $110
That would signal that buyers are still not ready to take control.
📊 PRICE MAP
$170 ━━━━━ 🎯 Target
$160 ━━━━━ 🎯 Target
$150 ━━━━━ 🚀 Breakout
$140 ━━━━━ Resistance
$135 ━━━━━ 🔑 Reclaim
$132 ━━━━━ CURRENT ZONE
$130 ━━━━━ ⚠️ Support
$120 ━━━━━ 🔻 Downside
$110 ━━━━━ 🔻 Major Support
For me, $135 is the key confirmation level.
Above $135 = bulls have a chance.
Below $130 = risk of another leg down.
No hype. No blind entries.
Wait for confirmation and manage risk.
#SPCX #SpaceX #trading #Stocks #InvestingAdventure