SPCX: Can $150 Finally Break? | Sep 8–11Space Exploration Technologies CorpNASDAQ:SPCXBullBearInsights SPCX enters the shortened week directly beneath a major breakout level. The daily chart defines the weekly direction, while the 15-minute structure and GEX map provide confirmation and targets. **Daily structure** After declining from $225.64 to $104.83, SPCX established a recovery structure with higher lows and returned to the previous $149.80 resistance. The $150 area is now the primary decision level. A daily close above $150 would support continuation toward $152.50 and $155. Acceptance above $155 opens $157.50 and $160. Failure to break $150 could return price toward $145. A daily close below $145 would expose $142, $140 and $135. Losing $140 would materially weaken the current recovery, with $125.03 becoming the next major daily support. **15-minute confirmation** The short-term structure remains bearish following the rejection near $151.45. Price has formed lower highs beneath the declining resistance cloud and is attempting to stabilize around $147.45–$148. RSI has recovered slightly from near-oversold conditions, but momentum remains weak. The first bullish signal is a reclaim of $149.34. Stronger confirmation requires acceptance above $150, followed by a break of $151.45–$152.30. A sustained move below $147.45 would favor continuation toward $145. **GEX positioning** The GEX map places SPCX between the $148 high-volume level and the major $150 call wall. * Upside: $150 → $152.50 → $155 → $157.50 → $160 * Downside: $145 → $142 → $140 → $135 * Primary pivot: $148 * Major call resistance: $150 Mixed GEX conditions suggest price may initially rotate between $148 and $150. Acceptance outside this range would provide the stronger directional signal. Calls represent approximately 35.6% of displayed positioning, indicating relatively defensive positioning. Upside continuation will require strong volume capable of absorbing the $150 call resistance. IV Rank is only 2.2, but average implied volatility remains elevated near 54.2%. Low IV Rank does not mean SPCX is a low-volatility stock, so position sizing remains important. **Why SPCX this week** SPCX is testing its first major daily breakout level following a recovery from $104.83. The close alignment between daily resistance, the 15-minute structure and the GEX map creates a clearly defined trade on either side of $148–$150. **Weekly bias:** Neutral between $148 and $150 **Bullish trigger:** Above $150 **Breakout confirmation:** Above $152.50 **Bearish trigger:** Below $147.45 **Major downside invalidation:** Daily close below $140