š $SPACE ā Bounce Setup ( Last trade 2000% profit on just 15 leverage trade )
$SPACE is deeply oversold 𩸠and showing signs of seller exhaustion. A base forming here could trigger a sharp relief bounce ā”
š TRADE SETUP: LONG $SPACE
š¢ Entry: 0.0113 ā 0.0117
š“ Stop-loss: 0.0105
šÆ Targets:
āTP1: 0.0126 š°
āTP2: 0.0138 š„
āTP3: 0.0155 š
š§ Rationale
After dropping nearly 40% in a week š, $SPACE is now trading near a key demand zone around $0.0113 š§² ā an area where panic selling typically slows.
The dump came with massive volume š relative to market cap, often a sign of capitulation, not continuation.
When price stops making lower lows ā and volume remains high, smart money š tends to absorb supply.
If Space holds above $0.011, sellers get exhausted š®āšØ and even small buying pressure can spark a fast bounce toward the $0.013ā$0.015 liquidity zone ā”
šÆ Risk-to-reward favors longs here ā tight invalidation, asymmetric upside.
Chasing shorts after extended dumps rarely pays ā
ā ļø Not financial advice. Manage risk wisely.