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SPCX is trading at $147.01, after bouncing off the 24h low of $145.61. The price is still below EMA5 ($147.12), EMA10 ($147.28), and EMA30 ($148.56), so the short-term trend is bearish. But here's the catch: the MACD histogram is positive at 0.10, with DIF (-0.95) just below DEA (-1.05). That tells me the selling momentum is fading and a bullish crossover could be forming. Volume has also dropped to 6.66K, well below the 10-period average of 3.57K, meaning sellers are losing steam. If SPCX holds above $145.61, I'm expecting a recovery toward $150 and $152. But if it breaks below $145.61, the next stop could be $142.
Trading Plan:
· Entry: $146.50 – $147.00
· Stop Loss: $144.80
· TP1: $150.00
· TP2: $152.50
· TP3: $155.00
👇 Do you think SPCX will bounce from here or continue falling? Drop your thoughts below!#GateUSPartnersWithRQDClearing #GateLaunchesTrenchesWith0GasFee