SPCX: $145 Support as Musk’s $10.6B Pledge Fuels BuzzSpace Exploration Technologies CorpBATS:SPCXkael-trades💡 Swing setup idea Earnings volatility / support breakout or breakdown 🔎 Analysis summary: SPCX is testing the $145–148 support zone after pulling back from its recent highs around $175 On the 4H chart, price remains below the 20 and 50 EMAs near $153, while RSI is below 40 and MACD remains bearish. The short-term structure is still weak, making the next reaction around support important Options traders are pricing in a roughly 7.5% move during earnings week, with an estimated range near $137–159 based on Monday's closing price A $10.6B announcement before earnings Musk recently pledged to give one SpaceX share to every child in America next year, an estimated $10.6B commitment involving around 73 million children The announcement followed Anthropic's proposed commitment of 5% of its shares to a public-benefit fund. Details of Musk's pledge remain unclear, including how the shares would be distributed and whether recipients could sell them This could bring more attention to SPCX ahead of earnings, but the pledge itself doesn't improve the company's revenue or profitability With shares still well below their post-IPO peak, I'm watching whether the headlines translate into actual buying pressure For earnings, the key numbers I'm watching are AI revenue growth, Starlink performance, profitability, and how much SpaceX continues to spend on infrastructure 📍 Levels to watch: Immediate support: $145–148 Major support: $140–145 First resistance: $152–155 Second resistance: $160–163 Major resistance: $170–176 📊 Trading plan: 🔵 Bullish scenario: Reclaim above $155 If SPCX defends $145 and breaks above the 20 and 50 EMAs with stronger volume, I'll watch for a possible recovery Entry trigger: Confirmed 4H close above $155, followed by a successful retest Target 1: $160–163 Target 2: $170–176 Invalidation: Failed retest and a break below the confirmed higher low 🔴 Bearish scenario: Breakdown below $145 If SPCX loses $145 with strong selling volume, particularly after disappointing earnings, I'll watch for further downside Entry trigger: Confirmed breakdown below $145 and failed reclaim Target 1: $140 Target 2: $137, near the lower options-implied range Invalidation: Price reclaims and holds above $148 When trading stocks like SPCX, switching between my broker and crypto exchange can be inconvenient, especially around earnings. I'm looking into Bitget's option to transfer eligible stocks without selling them first Having stock-linked tokens, CFDs, and crypto accessible through one account could make it easier to manage positions when the market gets volatile My view: Musk's $10.6B pledge could bring more attention to SPCX, but I'm not treating it as a bullish signal on its own ~ The chart still needs confirmation. A reclaim of $155 would improve the bullish setup, while a break below $145 could put the lower support levels back in play Will earnings bring buyers back above $155, or will SPCX lose $145 support?