SPACEX Post-IPO Cycle Seeks Reset Before The Real Macro RallySpace Exploration Technologies CorpBATS:SPCXTradingShotSpaceX (SPCX) was the most valuable IPO in history, and following the first few weeks of public trading, the first major move may not have been the one most retail investors expected. Based on the post-IPO cycle structure shown on the chart, SpaceX initially experienced a strong speculative advance as retail demand rushed into one of the most recognizable growth stories in the world. This type of price action is common after highly anticipated listings, where the first phase is driven more by excitement, scarcity, and media momentum than by mature price discovery. However, the chart suggests that the initial euphoria zone around the $200 – $226 area may have eventually turned into an early distribution phase. The first wave of demand became overcrowded and a strong initial correction followed toward its $150 opening price. What we expect to happen next is to hit $130, and potentially even the $100 – $95 zone would not be unusual from a technical standpoint. This would not necessarily invalidate the long-term bullish case. In fact, it could be the most important part of the structure. The $100 – $150 range can be treated as the potential macro accumulation area. If price spends enough time consolidating inside that zone, it would indicate that the market is moving from emotional post-IPO trading into a more mature institutional accumulation phase. That is usually where the strongest long-term trend reversals are built. The most important technical level on this structure is the $150 - $155 Resistance Zone. A confirmed break above that area would be the first serious sign that the accumulation phase has ended and that buyers are starting to regain control of the trend. Above that zone, SpaceX could enter its main expansion wave, with the first major upside area around $220, followed by a potential macro target near $270 (the 1.236 Fibonacci extension from its current All Time High). In simple terms, the chart does not suggest chasing the first post-IPO spike. It suggests waiting for the market to complete its emotional reset, form a deeper accumulation base, and then confirm the reversal through the $150 – $155 breakout zone. Technical Roadmap Bullish confirmation: A break and hold above $150 – $155. Accumulation zone: Between $100 – $150. Deep value zone: Around $95 – $100, if reached. Upside targets: First target $220, macro target $270. Invalidation risk: Failure to reclaim $150 – $155 after the correction would keep the structure neutral and delay the bullish expansion scenario. Overall, SpaceX may follow a classic post-IPO cycle: euphoria, distribution, capitulation, accumulation, breakout, and expansion. The key will not be the first rally, but whether the market can build a strong enough base after the first major correction. This is why, from a macro-technical perspective, the best opportunity does not come during the IPO hype itself, but after the first major reset creates the structure for a sustainable long-term trend. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇