$SPACE Signal】High fees + overbought, pullback for multiple ambushes


$SPACE Funding rate soars to 0.0507%, 4H MACD bars still expanding but 1H bars start shrinking. RSI 75.91, Bollinger upper band at 0.0084 with obvious resistance. Buying depth ratio 1.31, buying still active but momentum for chasing high is weakening.
🎯Direction: Long (buy on pullback)
⚡Entry/Order: 0.007114 - 0.008225 (recommended lower limit for placing orders)
🛑Stop loss: 0.006766
🚀Target 1: 0.008270
🚀Target 2: 0.008303
🛡️Trade management:
- Execution strategy: Place order at 0.007114, if filled and price rebounds to target 1, reduce position by 50%, move stop loss to break-even. If price drops below 0.007114, wait for a second confirmation, but keep stop loss unchanged.
Depth logic: High fees usually suppress short-term bulls, but 4H trend remains upward, and capital flow has not seen large-scale withdrawal. Pullback to EMA50 (4H 0.0068) and the previous dense zone around 0.0071 is a good entry window. Risk-reward ratio close to 10:1, patience for a dip.
Check real-time market 👇 $SPACE
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