Post

BullRiderPK
BullRiderPK
🚨 Is $SPCX Following the Same Playbook as $PLTR? $SPCX is down more than 50% from its post-IPO high. Many see a failed launch. I see a chart that may be entering the accumulation phase. I've watched this pattern play out before. $PLTR (2020–2025): → IPO at $10 in September 2020 → Surged to $39 within four months → Lock-up expiration triggered heavy insider selling → Declined to around $6 by late 2022 (roughly 85% off its peak) → Spent months trading sideways → Then rallied from $6 to $200+ The cycle looked like this: 📈 Hype 📉 Correction ⏳ Accumulation 🚀 Repricing Most investors remember the final rally. Very few had the patience to sit through the accumulation phase. Now look at $SPCX: → IPO on June 12 → Reached $225 just four days later → Corrected to around $110 → Now consolidating in a tight range as market attention fades That sideways action doesn't necessarily mean the story is over. It can also be the stage where short-term traders lose interest while long-term investors quietly build positions. The headlines sound familiar: • "It's overvalued." • "Insiders are selling." • "Retail got trapped." We've heard those before. The market rarely announces when accumulation begins. There isn't a candle labeled "institutions are buying." You usually recognize it only after the base is complete and price has already moved. My current view remains unchanged: ✅ If the $110–$115 area continues to hold, I remain constructive. 🎯 Longer-term target: $250+. I'm not chasing. I'm waiting for the right setup. When I make my first $SPCX purchase, I'll share it here. This reflects my personal market view, not financial advice. #30YrYieldTopOrStart #USJapanYenIntervention

Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more

Replies

No comments yet. Be the first to reply!