SPCX long position deeply trapped 20%！Wange: Close eyes and add below 185, run first at 195, don’t be timid!

Wange’s view:
Long position over 210 is trapped, current price 191, do not cut loss or stop loss. Around 185 is the bottom area, add positions in batches to raise the average price, cut at 195 after rebound to add more, do T repeatedly, the cost gets lower and lower.

Panic selling crushes the market, rebounds can come at any time
News vacuum, SpaceX retreat without new positive news, all panic stop-loss orders are selling. The more frantic the sell-off, the quicker it ends, after cutting, it rebounds, no need to wait for big news.

185 is the bottom, oversold must rebound
Bollinger lower band 186, concentrated chip area 185, RSI drops to 27.4, severely oversold. Bears can’t push down anymore, first target of rebound is 195, then see the next step.

Bear trap, smart money is running
24-hour liquidation of 18.75 million, long positions washed out 14.55 million. 183-185 is the dense liquidation zone for longs, bears can’t break through without huge selling pressure. Bears start to close positions, bottom signal is clear.

Two-step operation, simple and brutal

Add positions: Place orders in batches at 183-185, raise the average price to around 195.

Reduce positions: First reduce the added part at 195 during rebound. Breakout with volume to 200-205, then reduce; if blocked, hold the bottom position, wait for pullback to add again, do T repeatedly to lower costs.

Adjust your position size, don’t be rigid. Wange monitors the market in real-time and reminds you, if you want to follow the rhythm, see the comment area.

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