Musk is making waves again! $SPCX sees volume surge 174%—is it still a good time to enter?
Guys, markets often explode when everyone’s despairing, but don’t get caught buying at the peak of the euphoria.
News: SpaceX acquires U.S. 800 MHz spectrum, the FCC approves 15,000 satellites, and Trump buys notes. Four-hour trading volume surges 174.8%, with the current price at 166.05.
Technical analysis: On the one-hour chart, the price plunged from 176 to a low of 160.49 before rebounding. The MACD forms a bullish crossover below the zero line, with volume increasing, while the RSI is approaching the overbought level of 70. Bollinger Band upper resistance is at 167.94, with middle-band support at 164.65.
Trading strategy: If you’re worried about missing out, you could open a small long position around the current price of 166. Alternatively, wait for a pullback to around 161–164 to enter or add to your position.
My personal view: The long-term fundamentals are unbeatable, and Starlink’s direct-to-cell service is a trump card. But short-term sentiment is overheated, so we’ll most likely see choppy trading and a shakeout. Follow Gongming—聊天室 will help you catch the gains and stay on track! #比特币重复使用地址持有433万枚BTC
Guys, markets often explode when everyone’s despairing, but don’t get caught buying at the peak of the euphoria.
News: SpaceX acquires U.S. 800 MHz spectrum, the FCC approves 15,000 satellites, and Trump buys notes. Four-hour trading volume surges 174.8%, with the current price at 166.05.
Technical analysis: On the one-hour chart, the price plunged from 176 to a low of 160.49 before rebounding. The MACD forms a bullish crossover below the zero line, with volume increasing, while the RSI is approaching the overbought level of 70. Bollinger Band upper resistance is at 167.94, with middle-band support at 164.65.
Trading strategy: If you’re worried about missing out, you could open a small long position around the current price of 166. Alternatively, wait for a pullback to around 161–164 to enter or add to your position.
My personal view: The long-term fundamentals are unbeatable, and Starlink’s direct-to-cell service is a trump card. But short-term sentiment is overheated, so we’ll most likely see choppy trading and a shakeout. Follow Gongming—聊天室 will help you catch the gains and stay on track! #比特币重复使用地址持有433万枚BTC