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$SPCX DOWN 6% – BEARISH STRUCTURE INTACT!"
SPCX is down 5.99% to $116.54 after hitting $125.05 high. MACD is showing bearish signals – MACD at 0.08, DIF at -0.08, DEA at -0.16. Price is below all moving averages. Resistance sits at $120, support at $114. If it breaks below $114, I'd expect a move toward $110. If it holds $114, a bounce to $118 is possible. The bearish structure remains dominant.
👉 $SPCX – short the breakdown!
#EventContractsLaunch #SummerCreationCamp #GOOGLEarningsBeatButStockDrops3%