📊 $SPCX : VWAP IS THE BATTLEFIELD. ⚔️
🔥 Is currently testing VWAP at resistance, making this a key decision zone for traders.
Think of VWAP as a market reference point:
🟢 Reclaim + hold above VWAP → buyers start showing control
🔴 Another rejection → downside pressure could return
⚠️ Lose $133.34 → bullish setup weakens and lower support may come into play
The Fibonacci levels are also marking important reaction zones. They aren't guarantees—what matters is how price behaves when it reaches them.
Clean bounce = structure holding.
Choppy rejection = structure weakening.
🎯 The setup:
Wait for a decisive VWAP reclaim for a potential long confirmation.
👀 Will $SPCX finally break above VWAP, or get rejected again?
🔥 Is currently testing VWAP at resistance, making this a key decision zone for traders.
Think of VWAP as a market reference point:
🟢 Reclaim + hold above VWAP → buyers start showing control
🔴 Another rejection → downside pressure could return
⚠️ Lose $133.34 → bullish setup weakens and lower support may come into play
The Fibonacci levels are also marking important reaction zones. They aren't guarantees—what matters is how price behaves when it reaches them.
Clean bounce = structure holding.
Choppy rejection = structure weakening.
🎯 The setup:
Wait for a decisive VWAP reclaim for a potential long confirmation.
👀 Will $SPCX finally break above VWAP, or get rejected again?