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$SPACE — Bears squeezed as recovery gains traction.
Long $SPACE
Entry: 0.00820 – 0.00845
SL: 0.00790
TP1: 0.00890
TP2: 0.00960
TP3: 0.01050
A fresh $1.07K short liquidation just hit SPACE at $0.00840, forcing bearish traders to cover positions as price pushed higher. The squeeze confirms improving bullish momentum and suggests sellers are struggling to maintain control after the recent liquidation-driven weakness.
Price is recovering above key support levels and attracting fresh buying interest. The forced buying generated by liquidated shorts adds additional fuel to the rebound, helping strengthen the possibility of a broader upside continuation.
If SPACE maintains the 0.00820–0.00845 support zone and breaks above 0.00890 resistance, momentum could accelerate rapidly toward higher targets. With bears being squeezed and sentiment improving, the path of least resistance is shifting back toward the upside as buyers continue rebuilding control of the trend.