$SPCX
SpaceX rallies, with SPCX perpetuals up 8.01% near $172.
A key catalyst: Morgan Stanley reaffirmed its Overweight rating and $300 stock target, highlighting growth potential ahead of Starship Flight 15. This supports sentiment, though $300 is an analyst target, not a near-term forecast. (investopedia.com)
The 1H chart shows a sharp breakout from around $160, followed by shallow pullbacks. Buyers remain active, but RSI near 86 signals stretched momentum.
R1: $172.16.
S1: $170.
S2: $166–$168.
A 1H close above $172.16 followed by a successful retest would strengthen continuation toward the round-number $175 target. Losing $170 raises the risk of revisiting $166–$168.
Strong momentum deserves attention. Chasing after an 8% move deserves caution.
SpaceX rallies, with SPCX perpetuals up 8.01% near $172.
A key catalyst: Morgan Stanley reaffirmed its Overweight rating and $300 stock target, highlighting growth potential ahead of Starship Flight 15. This supports sentiment, though $300 is an analyst target, not a near-term forecast. (investopedia.com)
The 1H chart shows a sharp breakout from around $160, followed by shallow pullbacks. Buyers remain active, but RSI near 86 signals stretched momentum.
R1: $172.16.
S1: $170.
S2: $166–$168.
A 1H close above $172.16 followed by a successful retest would strengthen continuation toward the round-number $175 target. Losing $170 raises the risk of revisiting $166–$168.
Strong momentum deserves attention. Chasing after an 8% move deserves caution.
