$SPACE Signal】Pullback after multiple callbacks, 4H rally followed by a decline, waiting for support


$SPACE Deep imbalance -17.95%, selling pressure actively suppressing price. 4H closes with a long upper shadow, RSI at 73.52 in the high zone but not extreme. 1H MACD bullish momentum narrows, Bollinger Band middle line at 0.0075 provides short-term support. Funding rate is 0.045%, open interest stable, no signs of a short squeeze. Although the current risk-reward ratio is relatively small, a rebound after support is highly likely.
🎯Direction: Long (Pending order waiting)
⚡Entry/Pending order: 0.0080
🛑Stop loss: 0.006766
🚀Target 1: 0.008038
🚀Target 2: 0.008070
🛡️Trade management: - Reduce position by 50% after reaching Target 1, move stop loss to break-even. If price falls back to entry level, automatically exit to protect principal.
Deep logic: Selling pressure depth continues to increase, but willingness to buy at high levels is insufficient; need to wait for price to retrace to the bottom of the range for support. The 4H Bollinger Band middle line at around 0.0069 is a medium-term defense point, and the current entry point is close to the 1H Bollinger Band lower band, offering short-term trading value.
Check real-time market 👇 $SPACE
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