🚨 $SPACE Momentum Exhaustion – Short Setup 🚨

After an aggressive vertical pump, $SPACE is showing clear signs of exhaustion.

Price faced a sharp rejection from the highs, indicating heavy profit-taking and weakening bullish momentum.

📉 Why Short Bias?

• Parabolic move → unsustainable

• Strong rejection candle at the top

• Momentum fading + buyers losing control

• Likely pullback before next structure forms

🔻 Trade Setup (High Risk – Manage Carefully)

Position: Short

Leverage: 20x

🎯 Entry Zone: 0.0140 – 0.0145

🛑 Stop Loss: 0.0159

💰 Take Profits:

• TP1: 0.0128

• TP2: 0.0116

• TP3: 0.0105

⚠️ Risk Management is Key

Scale out at targets, protect capital, and don’t over-leverage.

📊 Let the chart confirm — trade the reaction, not emotions.

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