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【$SPACE Signal】Short | Volume Breakout Downtrend
$SPACE is experiencing a volume breakout downward, with a daily decline of over 26%. Combined with high open interest, it shows typical features of long liquidation panic and main force distribution.
🎯 Direction: Short (Short)
🎯 Entry: 0.0180 - 0.0185
🛑 Stop Loss: 0.0198 ( Rigid stop loss, breaking this level invalidates the downward structure )
🚀 Target 1: 0.0160
🚀 Target 2: 0.0140
Market logic: Price drops with massive volume, indicating long liquidation or main force distribution. Current price action shows selling pressure dominates, with no effective buying support. High open interest intensifies downward momentum, and any rebounds on lower timeframes are quickly absorbed, forming a downward continuation. Key support has been broken, space below opens up, and shorting with the trend is the path of least resistance.
Trade here 👇 $SPACE
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