We bought $SPCX because it is forming a bullish falling wedge pattern. The recent bounce from $120 was driven by support at the lower boundary of the falling wedge.
Key Resistance Zones:
- $136–$138: First resistance at the falling wedge boundary.
- $148–$152: Next target zone if price breaks out.
✅ Final TP: $175–$180
This is the falling wedge’s projected target, and I plan to take profits in this zone.
Key Resistance Zones:
- $136–$138: First resistance at the falling wedge boundary.
- $148–$152: Next target zone if price breaks out.
✅ Final TP: $175–$180
This is the falling wedge’s projected target, and I plan to take profits in this zone.
