$SPACE
— Structural Breakdown or Final Liquidity Event?
Current structure suggests elevated downside risk.
Price has now decisively broken below 0.012 — a key psychological and liquidity zone. When major support levels fail, the positioning beneath them becomes critical.
What stands out:
• Liquidation Clusters Below Spot: The liquidation map shows dense long exposure stacked under recent support. In thin conditions, even moderate selling pressure can trigger cascading forced liquidations.
• Supply Overhang: 50M tokens unlocked last week and quickly transferred to exchanges. Sudden circulating supply expansion often weighs heavily on short-term price stability.
• Development Concerns: Multiple mainnet delays, limited recent repository activity, and visible community dissatisfaction add narrative pressure to technical weakness.
This combination — technical breakdown + leverage imbalance + fresh supply — creates a fragile structure.
Below 0.012, market psychology shifts from “dip buying” to “capital preservation.”
If liquidation levels activate, volatility can expand rapidly toward 0.01 and potentially beyond.
In markets like this, it’s not dramatic news that moves price — it’s positioning stress.
Trade the structure. Manage risk. Stay objective.
#SpaceCryptoCurrency