SpaceX — Watching this zone closelySpace Exploration Technologies CorpBATS:SPCXTheZimpact 🔥As shown in the previous analysis, the kink zone was the key level to watch: Price failed to hold above it, broke lower, and continued rotating toward the demand area exactly as mapped out on the chart. 📉 Current situation The market is now testing a major support zone. This is where buyers need to step in if they want to stabilize the structure. 📈 Bullish scenario If this demand zone holds and buyers reclaim higher levels, we can expect a recovery toward the nearest supply zones. 📉 Bearish scenario If the current support breaks, the next lower zone becomes the main target and further downside pressure can be expected. Fresh IPOs often experience aggressive volatility, which makes these reaction zones especially important. For now, all eyes are on the current demand area.