🚀 SpaceX (SPCX) Rockets +9.63%! Technical Reversal Underway – Are We Heading Back to $200+?
SpaceX (SPCX) is showing massive signs of life after a prolonged cooling phase. Up +9.63% in a single session to $SPCXXwith pre-market momentum pushing further to $147.49,buyers are stepping back in strong!
Let’s break down the technical setup and key price levels you need to watch. 👇
📊 Market Snapshot
Metric Current Value
Current Price $146.20(+9.63%)
Pre-Market $147.49(+0.88%)
24h Range $134.01– $149.60Market Cap $1,927.17B(~$1.92Trillion)
Local Bottom $104.84(Aug 7)
📈 Technical Analysis: Key Takeaways
1. Solid Reversal off $104.84Floor
After retracing from the $225.62high, SPCX found a strong bottom at $104.84.The sharp V-shaped rebound indicates strong institutional accumulation at lower levels.
2. Bullish Moving Average (MA) Alignment
4-Hour Chart: The short-term trend has turned aggressively bullish. MA5 ($139.23)and MA10 ($131.56)have crossed decisively above MA30 ($119.93).
1-Day Chart: Price has reclaimed both the 5-day ($133.26)and 10-day ($123.59)moving averages, rapidly closing the gap toward the 30-day MA ($130.38).
3. MACD Momentum Expansion
The MACD (12, 26, 9) indicator on the 4H frame has expanded well into positive territory with a strong green histogram expansion (DIF 5.13 / DEA 1.45).
Daily MACD is flipping green for the first time since the June rally, confirming trend continuation momentum.
🎯 Key Levels to Watch
🛡️ Immediate Support:
$135.00(Previous breakout / Open area)
$119.90(4H MA30 level)
$104.84(Major cyclical support)
🎯 Resistance Targets:
$171.93(First major resistance barrier)
$208.50(Psychological / Mid-range target)
$225.62(Previous High)
💡 Summary & Strategy
SPCX is demonstrating classic trend-reversal behavior supported by high volume and expanding momentum indicators. If the price holds above $135.00on minor pullbacks, a retest of the $170–$175resistance zone looks highly probable in the short to mid-term.
$SPCX
$SPCXB
#SPCX #SpaceX #spcxb
SpaceX (SPCX) is showing massive signs of life after a prolonged cooling phase. Up +9.63% in a single session to $SPCXXwith pre-market momentum pushing further to $147.49,buyers are stepping back in strong!
Let’s break down the technical setup and key price levels you need to watch. 👇
📊 Market Snapshot
Metric Current Value
Current Price $146.20(+9.63%)
Pre-Market $147.49(+0.88%)
24h Range $134.01– $149.60Market Cap $1,927.17B(~$1.92Trillion)
Local Bottom $104.84(Aug 7)
📈 Technical Analysis: Key Takeaways
1. Solid Reversal off $104.84Floor
After retracing from the $225.62high, SPCX found a strong bottom at $104.84.The sharp V-shaped rebound indicates strong institutional accumulation at lower levels.
2. Bullish Moving Average (MA) Alignment
4-Hour Chart: The short-term trend has turned aggressively bullish. MA5 ($139.23)and MA10 ($131.56)have crossed decisively above MA30 ($119.93).
1-Day Chart: Price has reclaimed both the 5-day ($133.26)and 10-day ($123.59)moving averages, rapidly closing the gap toward the 30-day MA ($130.38).
3. MACD Momentum Expansion
The MACD (12, 26, 9) indicator on the 4H frame has expanded well into positive territory with a strong green histogram expansion (DIF 5.13 / DEA 1.45).
Daily MACD is flipping green for the first time since the June rally, confirming trend continuation momentum.
🎯 Key Levels to Watch
🛡️ Immediate Support:
$135.00(Previous breakout / Open area)
$119.90(4H MA30 level)
$104.84(Major cyclical support)
🎯 Resistance Targets:
$171.93(First major resistance barrier)
$208.50(Psychological / Mid-range target)
$225.62(Previous High)
💡 Summary & Strategy
SPCX is demonstrating classic trend-reversal behavior supported by high volume and expanding momentum indicators. If the price holds above $135.00on minor pullbacks, a retest of the $170–$175resistance zone looks highly probable in the short to mid-term.
$SPCX
$SPCXB
#SPCX #SpaceX #spcxb