SPCX Watch: Earnings Catalyst + Trading Setup Space Exploration Technologies CorpBATS:SPCXkaitokuraba7SPCX earnings are in focus, but I’m not jumping into a trade just because volatility is coming. Here’s my current SPCXUSDT.P watchlist breakdown Market Snapshot Bitget price basis: 147.96 Previous U.S. regular-session close: 148.22 Nearest supported short-term timeframe: 1H Market structure: Choppy, with a cautious bearish lean RSI: 49.47 MACD: Below its signal line Volume: Below its 20-day average The technical feed doesn’t support a 30-minute chart, so I’m using the 1H view instead of forcing an entry that isn’t confirmed. Key Levels to Watch 🔻 Bearish confirmation: A 1H close below 143.60 could confirm the developing top pattern and signal a reason to reduce exposure. 🔺 Bullish invalidation: A 1H close above 148.10 would invalidate that bearish pattern, but I’d still wait for follow-through before considering a bullish setup. Price is moving within a dense trading area around 145.66–148.88. These levels are for monitoring market structure, not automatic entry signals. Fundamental Analysis SpaceX’s Q3 results are the main catalyst, with revenue growth, Starlink performance, AI spending, and forward guidance in focus. The latest reported quarter, ending June 30, 2026, showed: Revenue growth: 91.94% YoY Operating margin: -5.53% Free cash flow: -$16.80B Cash and equivalents: $100.01B Debt: $39.36B Strong revenue growth is encouraging, but spending, profitability, and cash generation remain important factors. With valuation expectations already demanding, even strong results could trigger a sell-the-news reaction if guidance disappoints. Scheduled share releases may also add supply pressure. My Trading Plan I’m waiting for confirmation instead of predicting the earnings reaction. A breakout needs follow-through, and a breakdown needs confirmation. If neither happens, no trade is a valid decision. I’m also watching how I manage different markets. Transferring eligible stock assets to Bitget through its rToken ecosystem without selling them offers another way to manage stock assets alongside crypto and CFDs in one account, rather than constantly switching between platforms. What’s your SPCX plan for earnings: bullish breakout, bearish breakdown, or staying on the sidelines?