$SPACE Signal | 1H momentum decay, waiting for a pullback to add long positions


$SPACE 4H Bollinger upper band at 0.0084, current price running along the edge. Trading volume has decreased for three consecutive bars, buy volume ratio has dropped to 0.43. 1H MACD histogram negative value expanding, fast and slow lines are dead-crossing with an opening gap. Market depth imbalance at -12.96%, selling pressure slightly dominant.

Calmly assess that the current profit and loss ratio is less than 0.5, directly chasing longs is not cost-effective. A better approach is to wait for the price to fall back to around 0.0076, and catch the double support from the 4H EMA20 and 1H lower Bollinger band.

🎯Direction: Long (wait for pullback to place order)

⚡Entry/Order: 0.007615 - 0.007700

🛑Stop loss: 0.007554

🚀Target 1: 0.007985

🚀Target 2: 0.008017

🛡️Trade management: - After the order is filled, if the 1H closing price drops below 0.00755, exit immediately. Reduce position by 50% upon reaching Target 1, move stop loss up to entry price. Remaining position aims for Target 2.

Depth logic: Although 4H MACD is bullish, the histogram is narrowing, indicating a lack of upward momentum. 1H RSI at 52.5 is neutral, with previous lows and EMA50 support below at 0.0076, placing a bet on rebound through order placement is a reasonable choice. If the price directly breaks above 0.0084 with volume increasing, then stop loss on shorts and reverse to chase longs.

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SPACE3.85%
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