$SPACE is showing signs of a potential bullish continuation on the 1H chart, and I'm watching this structure closely.
After a sharp sell-off toward $0.003166, buyers stepped in aggressively and pushed price back toward $0.003440. Since then, price has been building higher lows and consolidating below the $0.003478 resistance. This recovery suggests buyers are gradually regaining control.
I'm looking for a clean breakout above resistance followed by a successful retest. A move toward the previous high could open the door for another bullish expansion.
Trade Setup
Entry: $0.003450–$0.003480
Stop Loss: $0.003390
Targets:
Target 1: $0.003520
Target 2: $0.003590
Target 3: $0.003677
Target 4: $0.003700
Why it's possible
The recovery from $0.003166 shows a clear shift in short-term momentum. Higher lows suggest buyers are defending dips.
A confirmed breakout could attract fresh buying pressure and trigger liquidity above recent highs. I'll watch the retest carefully and manage risk if support fails.
Let's go and trade now $SPACE
After a sharp sell-off toward $0.003166, buyers stepped in aggressively and pushed price back toward $0.003440. Since then, price has been building higher lows and consolidating below the $0.003478 resistance. This recovery suggests buyers are gradually regaining control.
I'm looking for a clean breakout above resistance followed by a successful retest. A move toward the previous high could open the door for another bullish expansion.
Trade Setup
Entry: $0.003450–$0.003480
Stop Loss: $0.003390
Targets:
Target 1: $0.003520
Target 2: $0.003590
Target 3: $0.003677
Target 4: $0.003700
Why it's possible
The recovery from $0.003166 shows a clear shift in short-term momentum. Higher lows suggest buyers are defending dips.
A confirmed breakout could attract fresh buying pressure and trigger liquidity above recent highs. I'll watch the retest carefully and manage risk if support fails.
Let's go and trade now $SPACE
