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【$SPACE Signal】Pullback with multiple entries
$SPACE 1H surged to the upper Bollinger Band at 0.0082 and then pulled back, buying pressure ratio dropped to 0.46, deep selling pressure -12.46%. The 4H MACD bullish expansion but RSI at 74 approaching overbought zone, funding rate at 0.0354% is normal. Chasing high here offers a poor risk-reward ratio, but volatility is intense; a pullback near 0.0076 can be used to set up long positions.
🎯Direction: Long (Pending order)
⚡Entry/Order: 0.0076
🛑Stop loss: 0.006766
🚀Target 1: 0.008056
🚀Target 2: 0.008088
🛡️Trade management: Reduce 50% at Target 1, move stop loss to break-even. If price falls back to entry level, automatically exit.
The 4H Bollinger Bands are widening, MACD bars are still expanding, but 1H RSI at high levels shows fatigue, watch for deep pullback. Open interest is stable, sell orders are stacked heavily, with support around 0.0071 below. This risk-reward ratio isn't ideal, but short-term momentum hasn't exhausted, small positions can bet on continuation of breakout.
Check real-time market 👇 $SPACE
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