$SPACE /USDT – Short-Term Technical Analysis
🔴 Current Price: ~0.0175
📉 Market Structure: Bearish trend
📌 RSI: ~33 → Near oversold zone (possible short-term bounce)
🟢 Key Support Levels:
• 0.0173 – Strong intraday support
• 0.0156 – Major demand zone
🔴 Key Resistance Levels:
• 0.0187 – First rejection area
• 0.0202 – Strong resistance
• 0.0218 – Next target after breakout
📈 Analysis:
Price is moving inside a descending channel. RSI near oversold suggests a potential relief bounce, but overall trend remains bearish unless price breaks and holds above 0.0187–0.0202.
⚠️ Trade Idea:
• Aggressive traders: scalp near support
• Conservative traders: wait for confirmation above resistance
🛑 Always use proper risk management
DYOR | Not Financial Advice
