๐ $SPCX โ THIS IS THE LEVEL TO WATCH
$SPCX just slipped below its $135 IPO price, with sellers taking control after todayโs share unlock.
Now the chart gets interesting.
๐ KEY LEVEL
$135 = reclaim level
$130 = immediate support
$150 = major resistance
๐ข BULLISH SETUP
If buyers defend $130 and reclaim $135:
$135 โ $140 โ $150
A clean break above $150 could open the door toward $160โ$170.
๐ด BEARISH SETUP
If $130 breaks with strong selling:
$130 โ $120 โ $110
That would signal that buyers are still not ready to take control.
๐ PRICE MAP
$170 โโโโโ ๐ฏ Target
$160 โโโโโ ๐ฏ Target
$150 โโโโโ ๐ Breakout
$140 โโโโโ Resistance
$135 โโโโโ ๐ Reclaim
$132 โโโโโ CURRENT ZONE
$130 โโโโโ โ ๏ธ Support
$120 โโโโโ ๐ป Downside
$110 โโโโโ ๐ป 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 todayโs share unlock.
Now the chart gets interesting.
๐ KEY LEVEL
$135 = reclaim level
$130 = immediate support
$150 = major resistance
๐ข BULLISH SETUP
If buyers defend $130 and reclaim $135:
$135 โ $140 โ $150
A clean break above $150 could open the door toward $160โ$170.
๐ด BEARISH SETUP
If $130 breaks with strong selling:
$130 โ $120 โ $110
That would signal that buyers are still not ready to take control.
๐ PRICE MAP
$170 โโโโโ ๐ฏ Target
$160 โโโโโ ๐ฏ Target
$150 โโโโโ ๐ Breakout
$140 โโโโโ Resistance
$135 โโโโโ ๐ Reclaim
$132 โโโโโ CURRENT ZONE
$130 โโโโโ โ ๏ธ Support
$120 โโโโโ ๐ป Downside
$110 โโโโโ ๐ป 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