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【$SPACE Signal】Short + Volume Breakout
$SPACE is experiencing a volume surge and a sharp decline, with a daily drop of over 25%. Coupled with high open interest, this presents a typical long liquidation scenario.
🎯 Direction: Short (Short)
🎯 Entry: 0.0183 - 0.0188
🛑 Stop Loss: 0.0195 ( Rigid Stop Loss )
🚀 Target 1: 0.0160
🚀 Target 2: 0.0140
$SPACE Price action indicates a decline with no resistance, and market logic suggests long liquidation or main force distribution. Volume-driven decline under high open interest is usually accompanied by chain liquidations, and the downward momentum has not yet been fully released. Before clear buy absorption or a stabilization pattern appears, shorting in line with the trend is the path of least resistance.
Trade 👇 $SPACE
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