📉 SHORT TRADE SETUP – SPACEUSDT (Perp)
Timeframe: 15m
Current Price: ~0.00715
🔎 Technical View:
Price rejected from 0.00742 (intraday high)
Long upper wick → selling pressure / rejection
RSI(6) around 63 → near overbought zone
Price extended above EMAs → pullback likely
MACD momentum slowing after strong pump
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🟥 Short Setup
Entry Zone: 0.00715 – 0.00725
Stop Loss: 0.00750 (above rejection high)
🎯 Targets
TP1: 0.00692
TP2: 0.00664
TP3: 0.00635
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⚠️ Risk Management:
Use proper position size
Partial profits recommended at each target
Invalidate setup if price sustains above 0.00750
📌 Trade the reaction, not the hype. Pump looks exhausted → short-term correction expected.
#Space $SPACE