$SPCX is showing an important intraday recovery after sellers pushed the price down to $134.10.

The sharp bounce suggests buyers are defending the lower range, but price is now approaching a key resistance area around $134.80–$135.00. A clean move above that zone could strengthen short-term momentum, while rejection may bring $134.50 and the $134.10 low back into focus.

For now, buyers have reacted—but the bigger question is whether they can turn this bounce into a confirmed recovery.