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SPCX, H4:
SpaceX share price has been trading near its monthly peak around the $150.00 psychological level, following a strong recovery from its all-time low below $110.00. The recovery has demonstrated a significant improvement in buying momentum, while the latest price action has seen the share price break above its established uptrend channel. This structural breakout signals an acceleration in bullish momentum and further reinforces the bullish bias for SpaceX.
With the share price now approaching the psychologically important $150.00 level, the ability to sustain above this area will be crucial in determining whether the latest breakout can develop into a broader bullish continuation. Should SpaceX hold firmly above $150.00, it would strengthen the bullish outlook and suggest that buyers are gaining sufficient momentum to maintain control of the market.
In the next leg, sustained buying momentum could allow SpaceX to extend its current recovery and challenge the previous peak near $172.00. A decisive breakout above $172.00 would represent another important bullish signal and could potentially open the way toward fresh highs.
Conversely, failure to hold above the $150.00 psychological level could weaken the current bullish structure and increase the likelihood of a technical pullback. A sustained move back below this level would raise questions over the strength of the recent breakout and could signal that further consolidation may be required before the next directional move.
Resistance Levels:163.20, 177.75
Support Levels: 139.90, 130.40

ETH, H4
ETH saw a strong surge of more than 4% in the previous session after rebounding from the lower boundary of its current price-consolidation range. The strong recovery suggests that buying interest remains present around the lower end of the range, allowing ETH to stage a notable technical rebound.
However, despite the latest recovery, ETH remains confined within its established consolidation range, suggesting that the cryptocurrency has yet to establish a clear directional trend. The rebound should therefore be viewed as a technical recovery within the broader range rather than a confirmed bullish breakout at this stage.
Meanwhile, trading volume has continued to ease, indicating that the recent upward move is not being supported by strong participation. The decline in volume could limit the sustainability of the rebound and increase the risk of renewed selling pressure if buying interest continues to weaken.
Should ETH fail to generate sufficient trading volume to support further upside, the cryptocurrency could experience another technical slide and potentially retest the lower boundary of the current consolidation range. A decisive break below this support would strengthen the bearish bias and signal a possible continuation of the downward move.
Resistance Levels: 2569.40, 2719.80
Support Levels: 2392.30, 2184.10
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