SpaceX — Massive breakout loading?

🏆SpaceX (TSLA) has pulled back after rejecting from a key supply zone, but price is now approaching an important support area while testing the descending dynamic resistance. The next breakout or rejection from this structure could define the next major move.

🔥Previously:

📈 Bullish scenario

If buyers reclaim the dynamic resistance and break above the nearby supply zone, we can expect a strong bullish continuation toward the Golden Zone and the next major liquidity area.

📉 Bearish scenario

If price fails to hold the current support and gets rejected once again from the dynamic resistance, sellers could drive the market back toward the lower demand zone before any meaningful recovery takes place.

Price is approaching a critical decision point. A confirmed breakout could completely shift short-term momentum back in favor of the bulls.

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SpaceX — Breakout or another rejection?

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SpaceX — Breakout or another rejection?

par TheZimpact