🚀 $SPACE /USDT: Preparing for Liftoff? 🌌🌕
SPACE / USDT – LONG (Consolidation Breakout Play)
🎯 Trade Plan:
Entry Zone: $0.00626 – $0.00632
TP 1: $0.00643 (Test of 24h High)
TP 2: $0.00680
TP 3: $0.00720+
Stop Loss (SL): $0.00585 (Below recent local low)
🧠 Why this setup?
Stable Base Formation: SPACE is currently trading at $0.006313, showing a slight correction of -0.46% as it consolidates after a bounce.
Bullish MA Crossover: On the 1H chart, the price has successfully reclaimed the MA(7) ($0.006263) and MA(25) ($0.006180). A move above the MA(99) at $0.006532 would confirm a full bullish reversal.
High Liquidity: The 24h volume of 909.66M SPACE indicates strong market participation and interest at these levels.
Bottom Found: After dipping to a 24h low of $0.005879, the price action has formed a solid "Double Bottom" pattern, signaling that the sellers are losing control.
💬 Debate:
SPACE is hovering right around its short-term moving averages after a solid recovery from the lows 📈. Do you think we are building pressure for a massive squeeze past the MA(99) at $0.0065, or will the overhead resistance force another retest of the $0.0060 zone? The volume is definitely there—what’s your entry strategy? 👇
🔗 Click here to Trade
#SPACEUSDT #CryptoAnalysis #Altcoins #BinanceSquare #Bullish