On the 4-hour timeframe, SpaceX is currently trading between the two key zones marked on the chart — support near the $105–108 area and resistance around $118–120. Price has been consolidating in this range after the recent decline, with neither side yet taking clear control.

With earnings due today, volatility is expected. A decisive break and close above the $120 resistance would open the door for upside continuation, potentially following the path suggested on the chart.

Conversely, if price closes below the support area, we should expect lower prices as the range fails to hold. Until either level is clearly breached, the marked zones remain the primary levels to watch.

Stay disciplined and manage risk accordingly.