The current rate for $ARX is negative, and after the uptrend, many airdrop hunters are starting to hedge. At the same time, there's a massive volume in spot trading.
I'm opting for a small position to go long, hoping to catch the opportunity when the whales make their move.
I reckon #SPCXUSD is due for a bounce. Yesterday, the US stocks tanked by 15%, closing at $149.30. This morning, Helix took a nosedive, and Micron's pre-market is also down, but SPCX is already in a short-term oversold territory. Plus, $150 is a key price point from the IPO, so this level looks ripe for a bounce. I'm expecting to scoop up 8 points and then bail.
Lately, I've been seeing a lot of fake "teachers" in the squares constantly pushing trades to scam newbie retail traders out of their profits. I've decided to start sharing my real trading experiences so I can also become a teacher in the future🤣
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