Posteo

$SPCX has lost its momentum after breaking out and retracing, the move that looked explosive earlier now looks tired. A fresh high isn't off the table, but the setup doesn't inspire enough confidence to put capital on it right now. The bigger overhang: north of 175M tokens are set to unlock soon, and that kind of supply pressure tends to cap upside before it has a chance to build. With only 4 trading days left in this window, the odds of a clean breakout from here look thin. Better to let it cool off, watch how it absorbs the unlock, and reassess once the dust settles on round two. Compare that to gold right now, lower potential reward, but the setup carries more conviction simply because the variables are cleaner. Sometimes the better trade is the one you don't take. Stepping away from this one for tonight. How are you positioning around token unlocks like this, wait it out, or trade the volatility?