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M.Ishaq1919
Weekend = consolidation for $SPCX.
That has been the pattern.
The real volatility may return when Monday’s session opens.
The 165 level is the battlefield. If short sellers’ average cost is around 165, SPCX needs to approach that zone over the coming weeks to seriously pressure them.
If it doesn't, shorts could eventually be forced to reconsider.
But don't forget: shorts opened at much higher levels may already be sitting on substantial profits and could simply be taking money off the table.
For short-term traders, SPCX remains extremely difficult to trade. Huge swings + unpredictable momentum = high risk.
The unlock risk also isn't completely over.
Another 3% unlock is expected near the end of August.
Shorts around 110 may need to watch the next 1–2 weeks closely.
Will momentum continue higher, or will major holders use the strength to sell?
That’s the setup.
#SPCX #Stocks
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