$SPACE Signal】Long: Negative funding rate short squeeze + 4H Bollinger Band upper band breakout


$SPACE Negative funding rate -0.7872%, 4H Bollinger Band upper band 0.0081 has been broken. 1H momentum is waning but the price has been consolidating around 0.0083 to digest selling pressure, signs of passive short covering are obvious.

🎯Direction: long (buy)

⚡Entry/Order: 0.00830800 - 0.00833300

🛑Stop loss: 0.00791635

🚀Target 1: 0.00895797

🚀Target 2: 0.00927046

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.

Depth logic: OI is stable but price is rigid, buy-side depth is slightly imbalanced (Bid/Ask Ratio 0.94), but short positions are continuously losing money combined with extremely low fees, increasing short squeeze risk in the short term. RSI on 1H is 67.4, not overbought; 4H MACD bars are still expanding. After high-level consolidation, if volume resumes increasing, Target 2 can be expected.

View real-time market 👇 $SPACE
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SPACE20.90%
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