🚨 $SPACE looks tempting — that's exactly the problem.
🔴 SHORT $SPACE
Entry: $0.01045 - $0.01048
SL: $0.01150
TP1: $0.00970
TP2: $0.00890
TP3: $0.00800
Price pumped +26.40% but is showing clear rejection at the highs, struggling to hold above EMA(20) at $0.01062. Despite the strong move, momentum is stalling with long upper wicks forming. This looks like a classic exhaustion pump where late buyers get trapped.
Invalidation is a clean 4-hour close above $0.01150, which would confirm genuine continuation.
Is this a breakout or a blow-off top — what's your read?