📉 $SPACEX FALLING KNIFE – SELL-SIDE LIQUIDITY STILL IN PLAY 🔴
Entry: 112.55 ⚡
Target: 107.01 🎯
🚨 Price action continues to respect the downtrend from the 225.64 all-time high, with the IPO price of 135 acting as a formidable resistance. 📊 Volume expanded on the 3.32% drop yesterday, confirming aggressive distribution. The lockup expiry on August 6th threatens a 20% supply overhang – that’s institutional-sized selling pressure waiting to hit the books.
💡 The 107.01 low was swept intraday and barely held, suggesting smart money may be hunting stops below before a true capitulation move. With earnings due August 4th, any disappointment could accelerate the breakdown. 💬 Are you positioning for a retest of the lows or expecting a dead-cat bounce into the lockup event? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPACEX #Bearish #ShortSetup #Lockup #StockMarket
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Entry: 112.55 ⚡
Target: 107.01 🎯
🚨 Price action continues to respect the downtrend from the 225.64 all-time high, with the IPO price of 135 acting as a formidable resistance. 📊 Volume expanded on the 3.32% drop yesterday, confirming aggressive distribution. The lockup expiry on August 6th threatens a 20% supply overhang – that’s institutional-sized selling pressure waiting to hit the books.
💡 The 107.01 low was swept intraday and barely held, suggesting smart money may be hunting stops below before a true capitulation move. With earnings due August 4th, any disappointment could accelerate the breakdown. 💬 Are you positioning for a retest of the lows or expecting a dead-cat bounce into the lockup event? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SPACEX #Bearish #ShortSetup #Lockup #StockMarket
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