SpaceX — Breakout SetupSpace Exploration Technologies CorpBATS:SPCXTheZimpact🚀 SpaceX has been trading inside a broad sideways structure, with price repeatedly reacting between the upper resistance and lower demand zones. After recovering from the lower part of the range, buyers are now pushing toward the upper zone. The next breakout or rejection could define the next major move. 🏆 Previously: 📈 Bullish scenario The recent recovery shows buyers gradually regaining control after the reaction from the lower zone. If SpaceX breaks and holds above the current upper zone, the next resistance area could come into focus. A confirmed breakout would open the possibility of further bullish expansion toward the higher zone. Upper zone breakout → range reclaim → bullish expansion. 📉 Bearish scenario The upper zone remains a key decision point. If price gets rejected and loses the nearby support, the current recovery could turn into another retracement. A stronger breakdown through the lower zone could bring the deeper demand areas back into focus. Resistance rejection → support breakdown → deeper downside. 🎯 Outlook SpaceX remains inside a broad range, but price is now approaching an important upper decision zone. The reaction around this area will determine whether buyers can trigger a breakout or sellers push price back into the range. Hold the current structure → bullish pressure remains intact. Break the upper zone → further upside becomes possible. Lose the lower zone → deeper retracement becomes likely. Range compression → resistance test → breakout watch.