Post
spcx
SPCX/USDT
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+0.00%
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The market is currently in a short-term bullish uptrend, recovering from a recent dip to 132.13. Price action is trading above key moving averages, and momentum indicators (MACD) remain positive above the zero line, though the recent upward thrust is showing slight consolidation.

Key Levels

· Resistance: 137.55 (Recent 24h high) / 138.09 (Chart top)
· Support: 135.51 (MA30) / 136.20 (MA5/MA10 cluster)
· Major Support: 132.13 (Recent swing low)

Kline Analysis.

The price has formed a series of higher lows, validating a rising trend. The candles are currently hugging the MA5 and MA10 lines (around 136.22), indicating that the short-term trend is holding. The MACD histogram is positive but flattening, suggesting a potential pause or minor pullback before a retest of the highs. Volume is relatively average, lacking a massive breakout surge.

Pivot zones (upside / downside scenarios)

1. Bullish: If price holds the 136.20 level and breaks above 137.55 with volume, it will likely test the 138+ region.
2. Bearish: A break below the MA30 (135.51) would signal weakness, likely leading to a retest of the 134.84 level or the recent low of 132.13.

My call

I expect a brief consolidation or shallow pullback to the 135.50–136.00 area to test the MA30 support before continuing the upward trend. The overall bias remains bullish as long as price stays above 135.50.

My Trade Plan

· Entry: Long on a dip to 135.80–136.00 (near MA30) or on a confirmed breakout above 137.60.
· Target: 137.50 (first take profit) and 138.50 (second target).
· Stop Loss: 134.50 (below the recent consolidation zone and MA30).

Ultimate take.

SPCX is riding a short-term uptrend with bulls defending the 136 support. Watch for a hold above MA30 for a breakout retest; a drop below 135.50 shifts momentum bearish.
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MEVSandwichChef
an hour ago
Setting the stop loss at 134.5 is a bit wide; I usually place it slightly below 135
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GameFiMiner
2 hours ago
If MA30 holds, feel safe going long; if it breaks below 135.5, get out immediately
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L2Cowboy
2 hours ago
I've already opened a starter position at 136.2; I'll add more if it pulls back to 135.8
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Wax-SealedPrivateKey
2 hours ago
The 132 low has already been retested once, so a second bottom is unlikely
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TrancheDiver
2 hours ago
Volume hasn't spiked; the breakout above 137.55 may be a false breakout
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StainedGlassSolarArray
2 hours ago
Place a limit order near the previous high at 138; cancel it if it fails to break through
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WhaleWatchTower
2 hours ago
First Review
The MACD histogram is starting to flatten out, looks like it may trade sideways for a few days
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