At the moment, SPCX’s resistance is around $175-180 and near $195. You can scale in gradually and set a 1x long for a long-term hold. At the latest, it’s hitting its critical deadline in early August—at that time, it will unlock stocks equal to 5 times the current circulating supply. Currently, the circulating ratio is 4%; by early August it will rise to 24%+ and the sell pressure will be extremely heavy. It may drop before then.

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VinylRecordStaking
· 7h ago
Unlocking 5x the circulating supply—this sell-pressure is genuinely scary. Scaling in and shorting in batches feels steady, but before early August, will they dump and run early?
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