🚨 $SPCX — WATCHING THE $140 AREA
$SPCX is trading around the $140 area after the recent share-unlock event.
The unlock increases the number of shares eligible to trade, but it doesn’t automatically mean heavy selling. What matters now is how the market absorbs the extra supply.
📊 KEY LEVELS
$150 ━━━━━ Resistance
$145 ━━━━━ Reclaim
$140 ━━━━━ Current area
$136.70 ━━━━━ Support
$135 ━━━━━ Breakdown level
Bullish setup:
A clean move back above $145 could open the door toward $150.
Bearish setup:
A break below $136.70 would weaken the setup and put $135 back in focus.
I’m not trying to predict the next candle.
I want price to confirm the direction first.
$145 reclaim = buyers gaining control.
$136.70 break = risk shifts lower.
👀 Which level are you watching?
#SPCX #SpaceX #TradingTales #Stocks #stockmarket
$SPCX is trading around the $140 area after the recent share-unlock event.
The unlock increases the number of shares eligible to trade, but it doesn’t automatically mean heavy selling. What matters now is how the market absorbs the extra supply.
📊 KEY LEVELS
$150 ━━━━━ Resistance
$145 ━━━━━ Reclaim
$140 ━━━━━ Current area
$136.70 ━━━━━ Support
$135 ━━━━━ Breakdown level
Bullish setup:
A clean move back above $145 could open the door toward $150.
Bearish setup:
A break below $136.70 would weaken the setup and put $135 back in focus.
I’m not trying to predict the next candle.
I want price to confirm the direction first.
$145 reclaim = buyers gaining control.
$136.70 break = risk shifts lower.
👀 Which level are you watching?
#SPCX #SpaceX #TradingTales #Stocks #stockmarket