$SPCX Is Starting To Lose Momentum.

The IPO launched at $150.

Within a few sessions, it surged to $227 and traders rushed in expecting another breakout.

But the trend is changing.

The excitement phase is fading.

Now the market is entering a profit-taking phase.

$227 → $205 → $188 → $165

Many late buyers are now holding positions at a loss.

Most haven't realized it yet.

My short-term target remains: → $160

A key support zone where the initial rally gained strength.

The warning signs appeared before the top was formed.

The chart structure was clear.

Sharp rally. Heavy FOMO. Then selling pressure.

This pattern has played out many times before.

The next few sessions will be critical.

What happens from here could shape the entire future of this IPO.$SPCXB

#GoldFallsOver1.7%SilverDropsOver2% #.$SPCXB #BTC #EUCryptoAMLRules2027BansPrivacyCoins #BTCFalls4thDaySTRCBelowPar #SenatorsAdvanceCLARITYActTowardFloorVote