SpaceX β Break the Zone or Fall Back Lower?Space Exploration Technologies CorpBATS:SPCXTheZimpactπ SpaceX has continued its strong recovery after bouncing from the lower demand zone and reclaiming the previous structure. Price has now pushed into a major resistance area, with buyers attempting to maintain control and continue the bullish expansion. π Previously: π Bullish scenario The recovery has created a clear bullish structure, with price moving higher and reclaiming important levels along the way. Price is now testing the upper zone. If buyers break and hold above this area, the next major resistance zone could come into focus. Zone breakout β bullish continuation β next resistance. π Bearish scenario The current upper zone is an important decision point. If price gets rejected and loses the nearby support structure, the recent bullish move could weaken and turn into a deeper retracement. A stronger breakdown could then bring the lower demand zone back into focus. Resistance rejection β support breakdown β deeper retracement. π― Outlook SpaceX is currently sitting near a major structural resistance after a strong recovery from the lows. The reaction around this zone should determine whether buyers can continue the expansion or whether price needs another retracement before attempting another move higher. Hold the structure β bullish momentum remains intact. Break the resistance β further upside opens up. Lose the support β deeper downside becomes likely. Recovery β resistance test β breakout watch.