🚀 SpaceX (SPCX) Rockets +9.63%! Technical Reversal Underway – Are We Heading Back to $200+?

SpaceX (SPCX) is showing massive signs of life after a prolonged cooling phase. Up +9.63% in a single session to $146.20, with pre-market momentum pushing further to $147.49, buyers are stepping back in strong!

Let’s break down the technical setup and key price levels you need to watch. 👇

📊 Market Snapshot

Metric Current Value

Current Price $146.20 (+9.63%)
Pre-Market $147.49 (+0.88%)
24h Range $134.01 – $149.60
Market Cap $1,927.17B (~$1.92 Trillion)

Local Bottom $104.84 (Aug 7)

📈 Technical Analysis: Key Takeaways

1. Solid Reversal off $104.84 Floor
After retracing from the $225.62 high, SPCX found a strong bottom at $104.84. The sharp V-shaped rebound indicates strong institutional accumulation at lower levels.

2. Bullish Moving Average (MA) Alignment
4-Hour Chart: The short-term trend has turned aggressively bullish. MA5 ($139.23) and MA10 ($131.56) have crossed decisively above MA30 ($119.93).

1-Day Chart: Price has reclaimed both the 5-day ($133.26) and 10-day ($123.59) moving averages, rapidly closing the gap toward the 30-day MA ($130.38).

3. MACD Momentum Expansion
The MACD (12, 26, 9) indicator on the 4H frame has expanded well into positive territory with a strong green histogram expansion (DIF 5.13 / DEA 1.45).

Daily MACD is flipping green for the first time since the June rally, confirming trend continuation momentum.

🎯 Key Levels to Watch

🛡️ Immediate Support:

$135.00 (Previous breakout / Open area)

$119.90 (4H MA30 level)

$104.84 (Major cyclical support)

🎯 Resistance Targets:

$171.93 (First major resistance barrier)

$208.50 (Psychological / Mid-range target)

$225.62 (Previous High)

💡 Summary & Strategy

SPCX is demonstrating classic trend-reversal behavior supported by high volume and expanding momentum indicators. If the price holds above $135.00 on minor pullbacks, a retest of the $170–$175 resistance zone looks highly probable in the short to mid-term.

What’s your strategy on SPCX? Are you riding this surge, taking profits, or waiting for a pull-back entry? Drop your thoughts below! 👇

$SPCX ‌$SPCXX ‌
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