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$SPCX $SPCX pulled back from the $160 area, but the important part is that price is still defending the $150 demand zone.
This type of slow grind down after a strong move often shows controlled selling, not panic selling.
If $150 continues to hold, this can become a strong accumulation base before the next leg higher.
Reclaim $160 and the chart can quickly shift bullish again toward $170+.
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#SpotGoldBreaksBelow400