đ $SPCX â THIS IS THE LEVEL TO WATCH
$SPCX just slipped below its $135 IPO price, with sellers taking control after todayâs share unlock.
Now the chart gets interesting.
đ KEY LEVEL
$135 = reclaim level
$130 = immediate support
$150 = major resistance
đą BULLISH SETUP
If buyers defend $130 and reclaim $135:
$135 â $140 â $150
A clean break above $150 could open the door toward $160â$170.
đŽ BEARISH SETUP
If $130 breaks with strong selling:
$130 â $120 â $110
That would signal that buyers are still not ready to take control.
đ PRICE MAP
$170 âââââ đŻ Target
$160 âââââ đŻ Target
$150 âââââ đ Breakout
$140 âââââ Resistance
$135 âââââ đ Reclaim
$132 âââââ CURRENT ZONE
$130 âââââ â ïž Support
$120 âââââ đ» Downside
$110 âââââ đ» 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 todayâs share unlock.
Now the chart gets interesting.
đ KEY LEVEL
$135 = reclaim level
$130 = immediate support
$150 = major resistance
đą BULLISH SETUP
If buyers defend $130 and reclaim $135:
$135 â $140 â $150
A clean break above $150 could open the door toward $160â$170.
đŽ BEARISH SETUP
If $130 breaks with strong selling:
$130 â $120 â $110
That would signal that buyers are still not ready to take control.
đ PRICE MAP
$170 âââââ đŻ Target
$160 âââââ đŻ Target
$150 âââââ đ Breakout
$140 âââââ Resistance
$135 âââââ đ Reclaim
$132 âââââ CURRENT ZONE
$130 âââââ â ïž Support
$120 âââââ đ» Downside
$110 âââââ đ» 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