$SPACE shows weakness near resistance — an active setup for continued decline.
🔻 SHORT $SPACE
Entry zone: 0.10 – 0.103
Stop-loss: 0.106
Target 1: 0.096
Target 2: 0.090
Target 3: 0.085+++
$SPACE is trading in a short-term supply zone around 0.10–0.103, with the price attempting to create a sustainable upward momentum. The structure indicates a potential lower high formation, suggesting that recent bounces are corrective rather than impulsive.
As long as 0.106 remains unbroken, the leading slope remains unchanged. A rejection from the entry zone increases the probability of a rotation initially to 0.096, and then to a deeper decline to 0.090. If selling pressure accelerates, 0.085+ will become the next liquidity point.
A strong recovery above 0.106 will invalidate the short setup.
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