A $1.18K LONG liquidation was triggered at $0.01165, forcing bullish positions to close and increasing short-term selling pressure. Long liquidations often act as a momentum continuation signal when price remains below the liquidation level.
With longs flushed, $SPACE is now trading near a key reaction zone. If sellers maintain control and volume confirms weakness, price could extend lower from here. A reclaim above the level may lead to brief consolidation or a relief bounce.
Trade Setup – $SPACE
📍 Entry (EP): 0.0115 – 0.0118
🎯 TP1: 0.0110
🎯 TP2: 0.0104
🎯 TP3: 0.0096
🛑 Stop Loss (SL): 0.0121
Long liquidations shift market balance — let price action confirm continuation.
#SPACE #SouthKoreaSeizedBTCLoss #FedWatch #Mag7Earnings #ClawdBotSaysNoToken


