$SPACE — Stabilization Phase After Sharp Sell-Off
$SPACE is currently trading around $0.01756, down 28.7% in the last 24 hours following a strong rejection from recent highs. After the sell-off, price found support and is now showing early signs of stabilization.
On the 1H timeframe, selling momentum is clearly slowing, suggesting bears are losing control. This opens the door for a short-term relief move, provided the current support zone continues to hold.
📊 Trade Plan
Entry Zone: 0.0168 – 0.0176
Target 1: 0.0189
Target 2: 0.0214
Target 3: 0.0246
Stop Loss: 0.0158$SPACE
As long as price maintains structure above support, a recovery toward higher resistance levels remains technically valid. Volatility is elevated, so risk management is key.
Momentum-based setups like this are where structure, timing, and discipline matter most. 🚀
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