【$SPACE Signal】1H sharp rise then fall + high funding rate, short-term bearish sniper

$SPACE RSI 4H surged to 81.7, price broke above the Bollinger upper band at 0.0086 and quickly fell back to 0.00892. 1H MACD momentum bars began to shrink, funding rate at 0.0467% remains high, OI stable but deep imbalance suggests insufficient buying pressure. The 1H candle at 22:00 with increased volume closed bearish, indicating clear signs of bulls actively exiting.
🎯Direction: Short
⚡Entry/Order: 0.008904
🛑Stop Loss: 0.009429
🚀Target 1: 0.008314
🚀Target 2: 0.006965
🛡️Trade Management: - Execute strategy: Observe for 15 minutes after entry; if the price cannot break below 0.0088, consider exiting early. After reaching Target 1, reduce position by 50%, move stop loss down to entry price. If the price rebounds and breaks above 0.0093, tighten the stop loss.
High funding rates usually indicate crowded longs, decreasing the probability of short squeeze in the short term. After a long upper shadow on the 1H, a pullback occurs; risk-reward ratio is acceptable, but beware of sudden market sentiment shifts.
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