$SPCX cooling off, down -2.25% now sitting at 115.07 on perps


Chart tells a bigger story though, dropped hard from a high of 129.80 all the way to 111.04 before stabilizing and now chopping sideways in the 110-118 range

24h range from 111.57 to 118.27 with heavy volume behind it, 6.23M SPCX traded and 715.22M USDT in 24h

Price sliding back below both moving averages after that last bounce attempt is a bit concerning, feels like this one could retest that 111 low again before finding real support 👀 wouldn't rush in long here

#Crypto #SPCX #CryptoMarket