SPCX — Nasdaq-100 Buying Is Over. The Real Trade Starts at $150.SPCXUSDTPERP PERPETUAL MIX CONTRACTBITGET:SPCXUSDT.PBuddyKing1The forced buying already happened. SpaceX joined the Nasdaq-100 today, and JPMorgan estimated roughly $4.3B of passive inflows tied to the inclusion. Most traders think that means the move is done. I think it means the noise is done. Context: SPCX IPO’d at $135, spiked to an all-time high of $225.64, then gave back nearly 30% of that peak as the index-inclusion “buy the rumor” crowd took profit. That’s a brutal-looking chart if you only glance at the headline. But zoom into price action and a triple-bottom support has formed at $149.92–$155.93, reinforced by an ascending trendline. 🎯 Core thesis: Once mechanical index-fund buying stops, a stock trades on its own fundamentals again, and that’s usually when the real signal shows up, not the fake one. The $172–$180 zone is the next real ceiling based on multiple technical measures; a reclaim above it puts the $200 handle back in play. I’m watching for a reaction off the $150–$159 demand zone, not chasing the inclusion headline. Rather than size this through a leveraged perp on a stock with a 5% public float (translation: violent, thin-liquidity wicks), through rSPCX on Bitget, real stock price, no funding rate bleeding me while I wait for the retest, and it trades even when Nasdaq is closed. ⚠️ Risk view: Under $150, the chart sends a much more bearish message, and comparisons to Palantir/Strategy (both peaked near their own index-inclusion dates before deep pullbacks) are the bear case here. This is a fresh IPO with limited price history, size small. 🎯 Conclusion: Watching the $150–$159 zone for a reaction. Daily close below $148 invalidates the long idea completely. Above $172 confirms the next leg. Are you fading the “index inclusion pump is over” narrative, or waiting for SPCX to prove itself post-lockup (August 6 earnings)?