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Save your seatSCAG faded from roughly $1.67 in early April to $0.46 now as the post de-SPAC slide deepened and a resale registration plus governance noise kept pressure on the chart.
The stock has the potential to go down if it loses $0.43 support, with room toward $0.35 or lower in a thin name. Any fresh selling tied to resale supply, cash runway concerns, or more governance issues would accelerate the downside.
If SCAG can hold the $0.43 to $0.46 area and reclaim $0.60 on real volume, a bounce toward $0.75 is on the table. Resistance at $0.60 is the first hurdle, then the prior May area near $0.72 to $0.75.
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