SPCX: $130 Support Retest as Tesla Merger Talks ContinueSpace Exploration Technologies CorpBATS:SPCXkael-tradesFundamental outlook Tesla and SpaceX are exploring a possible merger, bringing more attention to Elon Musk-linked stocks. Nothing has been finalized, but the potential combination of AI, robotics, and satellite technology has really getting much attention today SpaceX also reported strong Q3 results, with revenue up 161% YoY to $14.6B and net income reaching $4.4B Starlink continues expanding, with the first 26 V3 satellites deployed. These developments support my longer-term interest in SPCX, although I'm still basing my trade on technical levels On my 4H chart, SPCX has pulled back from the $170–175 resistance area and is approaching support around $130–134. The $144–148 area has turned into resistance, while price remains below the short-term EMAs. RSI near 37 shows weak momentum, MACD remains bearish, and DMI still favors sellers I'm watching whether buyers can defend $130–134 before considering a long Long trading plan Support zone: $130–134 Entry: $133 after bullish 4H confirmation SL: $125 TP: $175 Resistance to watch: $148 and $160 I want to see a bullish 4H rejection at support, followed by a higher low before entering. A sustained breakdown below $130 would weaken the setup, while a move below $125 would invalidate my planned trade If buyers reclaim $148, I'll watch for continuation toward $160 and eventually the $175 resistance area After moving my stocks to Bitget and receiving my transfer rewards, I've been trading more Elon Musk-linked stocks like TSLA and SPCX while participating in Trading Club for trading rewards. I'm also doing dual investment to explore additional earning opportunities with my holdings while keeping my trading targets in mind Will SPCX defend $130 support and recover toward $175, or will sellers push it lower?