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【$SPACE Signal】Short | Volume Breakout Downward
$SPACE is experiencing a volume surge and a sharp decline, with a daily drop of -28.49%. Combined with high open interest, this presents a typical scenario of long liquidation or main force distribution.
🎯 Direction: Short (Short)
🎯 Entry: 0.0175 - 0.0180
🛑 Stop Loss: 0.0195 ( Rigid stop loss, breaking this level invalidates the downward structure )
🚀 Target 1: 0.0150
🚀 Target 2: 0.0120
$SPACE Price drops vertically with massive trading volume, indicating a market logic of long liquidation or main force distribution. This price collapse under high volume suggests buyers have been completely absorbed, with no effective support below. The current price is only a retracement in the downtrend; weak rebounds signal a new shorting opportunity.
Trade 👇 $SPACE
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