$SPCX I went ahead and opened a short here directly, at 75x. The price ran into resistance in the 138.66 to 139.12 area, and the momentum looks like it’s turning back downward.



The 4-hour short structure is still in place. On the daily chart, it has basically been stuck trading sideways in a range and hasn’t broken out—it’s been hovering around 138.89. The 15-minute RSI is only 47, neutral to slightly weak, and there’s still room to the downside. Volume is up to 4x, and the sell orders are clearly moving.

Down below, I’m watching 137.27, 136.19, and 134.57. Set the stop loss above 141.05.

I’ve given the direction—don’t chase too aggressively; manage your position size yourself. Which level are you watching? Let’s talk in the comments.
SPCX-3.14%
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