#spacexshortinterestfallsto11%
đ SPCX Short Interest Is Falling Is the Squeeze Just Getting Started?
The latest numbers are getting attention.
SpaceX short interest reportedly dropped from 34% to around 11%, while $SPCX has already rallied roughly 38% from its August low, reaching around $144.
That kind of move can put serious pressure on short sellers. đ»đ
So, what could come next?
If bullish momentum continues, $200 becomes an interesting level to watch but getting there won't be automatic. After a strong rally, volatility and profit-taking can hit fast.
â ïž One date traders should keep on the radar: August 20.
Upcoming token unlocks could change the supply dynamics and create additional volatility.
If you're trading the move.
âą Don't chase green candles blindly
âą Consider scaling out instead of waiting for the perfect top
âą Keep your risk controlled
âą Watch volume and price action closely
A squeeze can move fast in both directions.
Would you hold $SPCX toward $200, or take profits before then? đ
$TUT
$COTI $SPCX
đ SPCX Short Interest Is Falling Is the Squeeze Just Getting Started?
The latest numbers are getting attention.
SpaceX short interest reportedly dropped from 34% to around 11%, while $SPCX has already rallied roughly 38% from its August low, reaching around $144.
That kind of move can put serious pressure on short sellers. đ»đ
So, what could come next?
If bullish momentum continues, $200 becomes an interesting level to watch but getting there won't be automatic. After a strong rally, volatility and profit-taking can hit fast.
â ïž One date traders should keep on the radar: August 20.
Upcoming token unlocks could change the supply dynamics and create additional volatility.
If you're trading the move.
âą Don't chase green candles blindly
âą Consider scaling out instead of waiting for the perfect top
âą Keep your risk controlled
âą Watch volume and price action closely
A squeeze can move fast in both directions.
Would you hold $SPCX toward $200, or take profits before then? đ
$TUT
$COTI $SPCX