$SPACE Price Analysis: Rejection Near Lows, Watch for Potential Bounce
$SPACE is facing rejection near all-time lows after a massive drop of over 35%. Price is approaching the 0.0100–0.0110 support zone, where a potential bullish reversal could occur if buyers step in.
📉 Current Market Insight
Price near critical support after heavy decline
Short-term downside of 1–3% possible before a bounce
Reversal depends on support holding and trend confirmation
💡 Trading Considerations
Watch for confirmation before entering long positions
Be cautious as momentum remains weak
Proper risk management is essential given recent volatility
🔍 Final Take
SPACE may be poised for a bounce if support holds, but traders should wait for trend confirmation before taking long positions.
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