Neutral/Negative Catalysts
- Technical downtrend risk: Bearish moving averages + deteriorating MACD increase odds that supports break (1.89 → 1.76).
- Event-driven volatility risk around lockup timeline: Even with a “won’t sell” statement, the lockup expiration can keep traders cautious and volatility elevated.
- High volatility environment: With IV/HV both very high, price can move sharply against an impatient entry before any rebound materializes.
