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Alarm at maximum! A whale with 2.72 million USD is fighting the shorts head-on, $SPCX is planning something big tonight?
Not afraid of the market maker having deep pockets, just afraid of them dancing on the edge of a cliff; not looking at the K-line ups and downs, only watching which side gets “liquidated” first!
Fellow traders, SPCX is now like a rocket, jumping from 152 to 170 on the one-hour chart, but it's a bit “feverish” now, all indicators are red “overbought,” and a pullback might happen at any moment.
Big players are betting big: a mysterious wealthy individual has invested 2.72 million USD in full long positions, betting that SpaceX entering the NASDAQ 100 will surge. This money is a reassurance, if it drops, someone will support it. Short sellers are setting traps: the liquidation map shows the current price is stuck at this key point of 170.5. Above that, from 172.9 to 187, is a “minefield” for shorts; once broken through, shorts will be collectively “squeezed”; if it can't break through, it will turn back to find support at 167.8.
Bai Yue's trading strategy
Bullish: 165-170, targeting around 180-190; bearish: around 190-195
Most likely, it will first surge to wipe out short stops, then reverse and dump to harvest the chasing traders. So don’t get carried away, wait for a pullback to act more safely.
#TradFiCFD黄金大师赛 #美伊协议达成海峡将开放