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🚨 Is there a trap in SPCX? Shook after the IPP data 📉🚀 The SPCX/USDT chart on the 15-minute timeframe just gave us a quick lesson in “buy the rumor and sell the news.” After the release of the U.S. IPP data (which came in lower than expected), the price surged hard, pushing toward $137.78, but the rejection was immediate and it then dropped sharply to $132.73. The price is currently around $133.37 and the RSI is oversold (29 points). Is a rebound coming, or will we keep falling? And you—did you trade this move in Long or in Short? 👇💬#Binance #TradingCommunity #IPP #NASDAQ $SPCXB

🚨 AT THE INSTANT: 🇺🇸 The United States Producer Price Index (PPI) came in at 5.5%, below the estimate of 6.2%.
📉 A weaker-than-expected producer inflation could be a positive signal for markets.
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#IPP #Inflation #BinanceSquare #TrumpMeetsOnWiderIranOffensive #ChinaQ2GDPGrows4.3%MissingForecast