$SPCX Have the upward signals already appeared?
From the order book, after SPCX saw a sharp decline in the earlier period, it stopped falling and rebounded around 104.31. Then the lows kept rising, and in the short term the trend has shifted from one-way selling to consolidation with a slight bullish bias.
Now the market’s bulls-vs-bears ratio isn’t very clear. My bullish view mainly comes from three reasons:
First, there is a clear buy-support at the bottom. Around 104, it can quickly stop falling, which suggests funds are propping it up.
Second, the structure is starting to strengthen. After the rebound, the price has moved back above the prior consolidation range, and during pullbacks there hasn’t been any obvious breakdown. The short-term long structure is forming.
Third, SpaceX’s narrative expectations are still intact. Starship Flight 14 has completed almost all of its tests, and this technical and commercial monetization is becoming increasingly mature. In addition, SpaceX’s AI and the Starlink segment are still SPCX’s most core drivers of sentiment. Musk has also said that revenue will reach $3.5 trillion by 2033.
My view is that SPCX is slightly bullish in the short term, with the key focus being whether it can overcome the resistance at the previous high. Although there is delisting-unlock risk, in the previous instances it has been absorbed without crashing, which indicates that market expectations are strong and this risk can be largely insulated against.
If the pullback doesn’t break, you can continue to look for longs. If it breaks the previous high with increased volume, it may open up a new upside space.
But SPCX’s moves are still quite large. Don’t chase just because you’re bullish. The real opportunity is to wait for the pullback to confirm. #特朗普称美达成委内瑞拉石油协议
From the order book, after SPCX saw a sharp decline in the earlier period, it stopped falling and rebounded around 104.31. Then the lows kept rising, and in the short term the trend has shifted from one-way selling to consolidation with a slight bullish bias.
Now the market’s bulls-vs-bears ratio isn’t very clear. My bullish view mainly comes from three reasons:
First, there is a clear buy-support at the bottom. Around 104, it can quickly stop falling, which suggests funds are propping it up.
Second, the structure is starting to strengthen. After the rebound, the price has moved back above the prior consolidation range, and during pullbacks there hasn’t been any obvious breakdown. The short-term long structure is forming.
Third, SpaceX’s narrative expectations are still intact. Starship Flight 14 has completed almost all of its tests, and this technical and commercial monetization is becoming increasingly mature. In addition, SpaceX’s AI and the Starlink segment are still SPCX’s most core drivers of sentiment. Musk has also said that revenue will reach $3.5 trillion by 2033.
My view is that SPCX is slightly bullish in the short term, with the key focus being whether it can overcome the resistance at the previous high. Although there is delisting-unlock risk, in the previous instances it has been absorbed without crashing, which indicates that market expectations are strong and this risk can be largely insulated against.
If the pullback doesn’t break, you can continue to look for longs. If it breaks the previous high with increased volume, it may open up a new upside space.
But SPCX’s moves are still quite large. Don’t chase just because you’re bullish. The real opportunity is to wait for the pullback to confirm. #特朗普称美达成委内瑞拉石油协议
