🚀 While most of crypto market is glued to $BTC , SpaceX keeps climbing. SPCX closed Monday up around 8%, and a big part of the fuel seems to be Morgan Stanley's latest call. According to Walter Bloomberg, analyst Adam Jonas reportedly kept an Overweight rating and a $300 target, roughly 75% above recent levels near $171. His view is that SpaceX is undervalued and belongs closer to the big AI names than to traditional aerospace. 🛰 Meanwhile, Crypto Andy posted an interesting SPCX breakdown on TradingView 🔗 https://www.tradingview.com/chart/SPCXUSDT.P/nyaGFpS5-SPCX-Stopped-Me-Out-Then-Ran-17-Now-What/?social_toast=true He's not chasing the rally. Price is sitting just under his $176.50 resistance, and both SMAs are way down near $153–155, so he's waiting for one of two setups: ▫️ Dip and hold. A pullback into $168.50–171.00, then a 4H close back above $171. SL around $168.45, TP near $176.10. ▫️ Real breakout. A 4H close above $176.50, not just a wick. Entry around $177, SL near $174.35, TP around $182.30. A close below $168.50 kills the retest idea. Under $166.50 he stops looking for longs, with plenty of empty space down to $160. I'm not trading TradFi myself yet, but it's interesting to see how crypto traders approach a stock like SpaceX. ⚖️ My takeaway: the $300 target is a long-term story, while the chart is a short-term one. After a move this steep, a pullback first wouldn't surprise me, so Andy's patience makes sense. The news sets the bullish backdrop, but the levels decide the entry. DYOR.