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The SpaceX aerospace corporate tokenized stock (SPCX) was recently hit by an extreme liquidity test following the release (unlock) of over 911 million shares from internal parties to the open market. Although this radical supply shock triggered a daily price collapse testing the base point, institutional enthusiasm swiftly responded through massive net absorption. The hourly chart confirms a strong price rejection moment at the base, pulling the valuation significantly recovered to the $116.89 (Rp2086370) tier. This technical direction reversal shock power is assessed to become the driving engine for SPCX to creep back up penetrating the local resistance area at $128 (Rp2284672) in the upcoming 4 days. Fundamental optimism surrounding revenue growth above market estimates could trigger a continued accumulation cycle capable of bringing the valuation rocketing to grasp the premium territory at $140 (Rp2498860).
Panic from the short-seller ranks could once again ride the uncertainty of cash flow margin ratios. The rebound scenario will completely fall through if the stock plunges breaking the crucial defense at $105.75 (Rp1887532).
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