SPCX could struggle at 175-179.50 supply zone, Brian Shannon warns

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Mikhail Vnuchkov

01.07.2026

SPCX could struggle at 175-179.50 supply zone, Brian Shannon warns — SPCX nears key AVWAP resistance zone

Brian Shannon, founder and full-time trader at AlphaTrends, highlights potential challenges for SPCX as it approaches the supply zone between the AVWAP from the IPO and the AVWAP from the recent high.

Shannon points to the 175 to 179.50 range as a possible area of resistance for the stock.

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Shannon recently noted SPY dropping below its 5SMA, while QQQ and SMH maintained gains in his latest market update. He also provided a weekly review that tracked major U.S. market ETFs and key stocks across sectors in a separate report. These previous observations set the context for his current focus on resistance levels for SPCX.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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