Margin Call Warning! Did SPACE fall below 0.007? This is the bear trap!

“While retail investors are still calculating their profits, smart money is already calculating your principal.”

​ SPACE's one-hour chart is extremely dangerous, and the weak rebound at 0.00725 is just an illusion before the storm. The technicals show a bearish alignment, MACD has a death cross below, and the rebound is weak. Most importantly, the distribution of chips:

Smart money's short position cost basis is at 0.0082, currently winning big and holding a very heavy position; retail investors' long positions are mostly above 0.0075. This structure of “main force eating meat, retail standing guard” greatly increases the probability of a downward move. The liquidation map shows that once it falls below 0.007, the abyss is below.

Bull and bear strategy
Bearish​ rebound around 0.0074-0.0075, long positions around 0.00715 - 0.00720;

Don’t be fooled by the temporary sideways movement! Want to know when the main force will finish harvesting and start the next slaughter? Leave a comment $SPACE in the section.