$SPCX PLUNGES TO FRESH POST-IPO LOW – BEARS IN FULL CONTROL 📉
📉 The gravity is pulling $SPCX lower as sellers slam bids at $110.3, breaking all support levels since the IPO. Volume is surging on every dip, confirming the downtrend has room to run. 🔍 The order book shows thin demand below current price – any bounce will likely get faded hard by aggressive short sellers.
🧠 This is classic liquidity grab territory for institutions. They’re not accumulating; they’re distributing. If you caught the earlier sell signals, you’re sitting pretty on this move. 📊 The momentum is still bearish – no reversal structure formed yet. 💬 Do you see a bottom forming here, or is the next leg down targeting $100? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #Bearish #NewLow #StockMarket #Trading
🐻 🔴
📉 The gravity is pulling $SPCX lower as sellers slam bids at $110.3, breaking all support levels since the IPO. Volume is surging on every dip, confirming the downtrend has room to run. 🔍 The order book shows thin demand below current price – any bounce will likely get faded hard by aggressive short sellers.
🧠 This is classic liquidity grab territory for institutions. They’re not accumulating; they’re distributing. If you caught the earlier sell signals, you’re sitting pretty on this move. 📊 The momentum is still bearish – no reversal structure formed yet. 💬 Do you see a bottom forming here, or is the next leg down targeting $100? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPCX #Bearish #NewLow #StockMarket #Trading
🐻 🔴