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【$SPACE Signal】Pullback to go long, the game/struggle trend continues
$SPACE 1H level surges then pulls back; sell pressure appears near the Bollinger Band upper band on the 4H chart around 0.0079. The RSI on the 1H timeframe is 75.32, and the buying-side momentum begins to contract. The MACD 1H histogram line flattens, and the bullish offensive temporarily eases.
🎯 Direction: Pullback to go long (place orders)
⚡ Entry/Place orders: Lay in near the lower boundary of the 0.005912 - 0.007742 range, specifically 0.00595
🛑 Stop loss: 0.005472
🚀 Target 1: 0.007792
🚀 Target 2: 0.007823
🛡️ Trade management:
- Execution strategy: After reaching Target 1, cut the position by 50%, and move the stop loss up to breakeven. If the price falls back to the entry level, exit automatically to protect the principal.
The funding rate is as high as 0.1346%; there is squeeze-fuel risk, but the short-term overheating needs to be digested. The 4H-level MACD is still expanding, so the trend is not broken. The area of 0.0059-0.0062 below is the previously dense trading area and the EMA moving-average band, where natural support exists. The current risk-reward ratio is still acceptable; the key is whether price can pull back to the key zone and hold steady there.
View real-time market 👇 $SPACE
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