🚀 $SPCXB – LONG or SHORT?
July 7: SpaceX joins the QQQ. $4.3B in passive buying incoming. Strong bullish catalyst.
⚠️ BUT: The "20% retail" was just the IPO allocation, not an unlock!
The actual event to watch is ~20% of INSIDER shares unlocking in August – that's the real sell-pressure risk.
My take: Ride the July QQQ pump, but take profits before August.
If it rejects $155, I'm shorting into the insider unlock.
What's YOUR play? Long now or Short later? Drop your targets 👇
#SpaceX #SPCXB #QQQ #Binance #TokenizedStock
July 7: SpaceX joins the QQQ. $4.3B in passive buying incoming. Strong bullish catalyst.
⚠️ BUT: The "20% retail" was just the IPO allocation, not an unlock!
The actual event to watch is ~20% of INSIDER shares unlocking in August – that's the real sell-pressure risk.
My take: Ride the July QQQ pump, but take profits before August.
If it rejects $155, I'm shorting into the insider unlock.
What's YOUR play? Long now or Short later? Drop your targets 👇
#SpaceX #SPCXB #QQQ #Binance #TokenizedStock