SPCX took off this week.
Just 4 days after launch, it climbed from 151 to 167, up over 10%. With 1.04 billion in 24-hour trading volume and 540,000 orders, not many new coins have this kind of momentum.
167 is short-term resistance, and 158 is support. A high-volume push upward could break through resistance; if volume dries up, it may keep trading sideways in this range. The chart looks clean for now, but there are still plenty of bagholders overhead who haven't sold yet, so be careful around 168.
If you're chasing, just set your stop-loss at 160. If you missed the run, don't chase it—buying at 167 only to see it fall back to 158 would make the whole trade pointless.
$SPCX
Just 4 days after launch, it climbed from 151 to 167, up over 10%. With 1.04 billion in 24-hour trading volume and 540,000 orders, not many new coins have this kind of momentum.
167 is short-term resistance, and 158 is support. A high-volume push upward could break through resistance; if volume dries up, it may keep trading sideways in this range. The chart looks clean for now, but there are still plenty of bagholders overhead who haven't sold yet, so be careful around 168.
If you're chasing, just set your stop-loss at 160. If you missed the run, don't chase it—buying at 167 only to see it fall back to 158 would make the whole trade pointless.
$SPCX
