Analysts: SpaceX stock price encountered strong resistance at $165; if pressured, it may fall back to the $149 range.

Odaily Odaily reports that analyst Ali, writing on the X platform, points out that SpaceX's stock price has currently reached the key resistance level of $165, which is considered the top of its channel. As long as $165 is not effectively broken, the short-term trend remains biased towards a pullback, with the price potentially falling back to $157, or even further down to the lower edge of the channel at around $149. Ali added that if the price can effectively break through and hold above $165, it will negate the current bearish structure and may open up upside potential, targeting around $180.