SpaceX — Breakout or another rejection?Space Exploration Technologies CorpBATS:SPCXTheZimpact 🏆SpaceX is currently trading below a descending dynamic resistance after facing rejection from a key supply zone. While buyers have managed to defend the recent support area, the overall short-term structure remains neutral until a clear breakout or breakdown occurs. 🔥Previously: 📈 Bullish scenario If buyers reclaim the descending dynamic resistance and break back above the nearby supply zone, bullish momentum could return and open the door for a move toward the higher resistance and liquidity zones. 📉 Bearish scenario If price fails to break the dynamic resistance and loses the current support area, sellers could regain control and drive the market toward the next demand zone, extending the broader bearish structure. The market is approaching a decision point. A confirmed breakout above the trendline would favor buyers, while another rejection could keep the current downtrend intact. ══════════════════════════════════════ 📊 Also, check out The Z impact Indicator on TradingView: 🔗 View The Z impact Indicator ══════════════════════════════════════