SPCX price surges and retraces, footprint chart signals two key moments

At 17:18 yesterday, PRO News Alert: SPCX’s large sell orders pressured the price, with key resistance at $118; At 17:40, the “PRO CLUB” group further noted: SPCX showed strong short-term momentum; a volume-backed breakout above $117.2–$118 could propel it toward $120+. Indeed, the large sell wall at $117.2 was fully filled, totaling $2.8292 million, as aggressive buying absorbed the supply—prompting an immediate breakout to a high of $130.66. However, a second signal quickly emerged at the highs: the footprint chart recorded consecutive Delta values of -158.89K and -192.40K, indicating concentrated aggressive selling pressure. Price then rapidly declined to $114.07, where the alerted support level at $114.6 held. This footprint chart revealed two key trading signals: - The execution of the sell wall followed by price rise confirmed a valid breakout; - The sharp spike in negative Delta at highs signaled that selling pressure had taken control, warning against chasing further gains. In the short term, continue monitoring footprint chart dynamics: - If positive Delta expands and drives price higher, the rebound may sustain; - If negative Delta strengthens again and price breaks below support, the weakness may persist. Now activate PRO to unlock the “Footprint Chart” indicator—gain an additional edge to confidently follow breakouts and exit promptly when selling pressure emerges. Data is for reference only and does not constitute investment advice.