SPCX New 7‑Day Low Signals Continuation of Downtrend

The drop to 158.52 extends the recent downtrend, marking a continuation of bearish pressure. A reclaim above the prior 7‑day low at 160.24 would signal a possible pause or reversal.

• SPCX fell from the 7‑day high of 160.24 to a new low of 158.52, a 1.07% drop.
• The move places the price ~10.2% above the 30‑day level of 142.4, still distant from longer‑term support.
• A reclaim above 160.24 would favor a pause; further downside would test the 30‑day floor at 142.4.