$SPCX | SPACE X IS AT A DECISION POINT 👀

SPCX is trading around the $140–$143 area, after losing momentum from the higher levels seen earlier.

For me, the chart is now about confirmation rather than chasing.

Key levels I’m watching:

🔹 $153–155 → breakout zone
A daily close above this area could shift momentum back toward the upside.

🔹 $140 → near-term pivot
Holding this zone keeps the recovery setup alive.

🔹 $135 → major support
This is especially important because it sits around the IPO price.

The bigger catalyst remains SpaceX’s growing AI/compute narrative. JPMorgan recently maintained its $240 target, while Oppenheimer raised its target to $280.

My view:
Above $153 → bullish momentum can accelerate.
Below $135 → structure becomes much weaker.

I’m watching the breakout, not predicting it.

Would you buy SPCX here or wait for confirmation? 👇

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