Aug. 20 at 9:22 PM
$SPCX sitting at a key decision area.
Price was rejected again below the IPO AVWAP (white) around the
$150S and is now testing the AVWAP from the lows (solid green) near
$128–132.
Hold this zone → potential bounce back toward
$145–150.
Lose it → bearish continuation could open
$120, then
$110.
Still bearish/neutral until SPCX can reclaim the IPO AVWAP. Bears can also watch
$SPCG for inverse exposure.
#SPCX #SPCG