#$SPCX

SPCX $126.22: -4.38% Day, Down 19% From $156.31 Peak. $129.82 Reclaim or $125.18 Break?

Quick Look
SPCX is at $126.22, down 4.38% today. 24h range: $125.18 to $133.83. Flow hit 4.88K SPCX / $629.88K. From $156.31 on June 30 to $125.18 now, that’s a 19.9% drop. Trend is clearly down with no buyers stepping in yet.

What The Chart Says: Full Bear Structure
1. 4h MAs Stacked Bearish: MA5 $129.82, MA10 $132.46, MA30 $138.25. Price sits 2.8% under MA5 and 8.7% under MA30. All three slope down. This is a clean downtrend. 2. Lower Highs, Lower Lows: $156.31 → $140.74 → $131.40 → $125.18. Each bounce failed under the prior MA. The last leg down broke $131.40 support and accelerated. 3. MACD Confirms Weakness: MACD -1.16, DIF -3.50 under DEA -2.34. Histogram red and expanding. No bullish cross. Lines are deep negative with no bottom split yet. Sellers control. 4. Avg Price Trap: Avg. Price shows $121.56. Price is only 3.8% above it. Most recent buyers from $130-$156 are 19-35% underwater. Rallies to $129-$132 are exit liquidity for them.
Flow + Structure
$629.88K traded into red candles. That’s distribution, not accumulation. No bullish wicks or high-flow green candles on the 4h. Until price closes back over MA5 $129.82 with rising flow, every bounce is suspect.

Key Levels
The line to reclaim is $129.82, the MA5. Above it sits $132.46 MA10, then $138.25 MA30 and $140.74 prior base.

If Bulls Try: A 4h close over $129.82 opens $132.46 → $138.25. Break $140.74 and the downtrend slows. But until $140.74 flips, rallies are for selling.

If Bears Step In: Lose $126.22 and $125.18 24h low is next. Under that, $122.06 on the chart is the only visible support. Break $125.18 and $121.56 Avg. Price comes fast. That’s another 3.6% down.

Game Plan
Aggressive: Short any bounce to $129.80–$130.00 MA5 zone. Stop over $131.50. Target $125.18, then $122.06.
Safe: Wait for 4h MACD cross up AND price over $132.46 MA10. Until then, no longs. Next bid zone is $125.00 to $122.00, but only if flow shows buyer absorption.
Risk Off: With price under all MAs, MACD negative, and no bullish split, stay out. This is a falling knife.

Bottom Line: SPCX broke down from $156.31 and never found support. All 4h MAs bearish, MACD red, and flow favors sellers. $129.82 is the reclaim level. Fail it, and $125.18 breaks next, opening $122.06 and $121.56. No bottom signal yet.

Did you buy the $156 top or are you waiting for $129.82 to flip? What’s your level? Drop it below.

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