Watching $SPCX at 107.57 - 108.37 range

I'm keeping a close eye on $SPCX here, specifically the low today around 107.57 and current level at 108.37. It's dipped pretty hard, but that 107.57 area could potentially act as a short-term support if buyers step in. If it breaks decisively below that, especially on volume, I think we're looking at a continued move down, probably retesting previous lows, which would invalidate any bounce scenario I'm considering. For now, it's a wait-and-see for me.

It's still early in the session to call it a definitive floor, but the reaction around these levels will be key to understanding if there's any fight left in this move or if it's just a dead cat bounce waiting to happen. The risk is clearly skewed to the downside if 107.57 gives way.