🚨 SpaceX hasn't even seen the real crash yet, a trader is warning.
$SPCX is already down nearly 40% from the highs, and the part that wipes out late buyers hasn't even started, they say.
Here's the roadmap they're watching:
• June: Euphoria
• July: Denial
• August: Relief rally
• September: Bull trap
• October: $150
• November: Liquidation cascade
• December: Disbelief
That August bounce everyone's about to call "the bottom"?
Bait, according to this trader.
The perfect rally to drag buyers back in before September traps them and the real selling starts.
Buy the hype. Hold through the first dump. Celebrate the fake recovery. Panic sell when the real bottom finally hits.
Here's what almost nobody is pricing in. $SPCX.US already dropped nearly 40% before the biggest supply pressure even hit, and the unlocks are still coming.
That's when a correction could turn into a liquidation cascade.
What do you think?
Not financial advice. Do your own research.
$SPCXB
$SPCX is already down nearly 40% from the highs, and the part that wipes out late buyers hasn't even started, they say.
Here's the roadmap they're watching:
• June: Euphoria
• July: Denial
• August: Relief rally
• September: Bull trap
• October: $150
• November: Liquidation cascade
• December: Disbelief
That August bounce everyone's about to call "the bottom"?
Bait, according to this trader.
The perfect rally to drag buyers back in before September traps them and the real selling starts.
Buy the hype. Hold through the first dump. Celebrate the fake recovery. Panic sell when the real bottom finally hits.
Here's what almost nobody is pricing in. $SPCX.US already dropped nearly 40% before the biggest supply pressure even hit, and the unlocks are still coming.
That's when a correction could turn into a liquidation cascade.
What do you think?
Not financial advice. Do your own research.
$SPCXB