6.26 Friday SPCX Midday Analysis

SPCX is a Solana chain SpaceX tokenized stock asset, today it follows the crypto market weakening, currently at $148, down 2.87% in 24 hours.
Technically, the daily bearish trend is clear, price continues to be under pressure below the midline moving average, indicators have entered the near oversold zone, only a small oversold bounce exists, and no reversal signal for now.
Key levels: short-term support at $150, previous low of $134.8 is a strong defense level, breaking below will open deeper downside space; first resistance above at $165, only a firm hold above the 173-178 range can bring a staged recovery rally.
Overall trend is tied to market sentiment. The space theme lacks incremental buying in the short term, and rebounds face heavy selling pressure. For the future, focus on whether the $150 support holds, concurrently track US stock risk appetite, SpaceX-related market news, and market capital flows to determine the stabilization and recovery window. Trading suggestion: bearish at 150-153, target 146, if broken, then see 140$BTC $ETH $SOL