$SPACE is showing a clean intraday downtrend (lower highs + lower lows) followed by a fresh breakdown with volume spike, confirming continuation of bearish momentum. This is a classic trend-following short setup, not just a random dump.

Market Structure:

Clear downtrend structure

Weak bounces (no buyer strength)

Fresh breakdown below 0.00610

Volume spike = confirmation

ENTRY ZONES:

Primary Short: 0.00600 – 0.00605

Retest Entry: 0.00610 – 0.00615

STOP LOSS:

0.00630

TAKE PROFITS:

TP1: 0.00590

TP2: 0.00575

TP3: 0.00550

LEVERAGE PLAN:

Safe: 4x – 8x

Aggressive: 10x – 15x

Trade Logic:

Strong trend + breakdown = continuation probability high

Lower highs confirm sellers in control

Best entries = pullbacks, not chasing

Invalidation:

Strong reclaim above 0.00630

Confidence Level: 8.7/10

Bias: Bearish

Next Target: 0.00575

$SPACE

SPACEBSC
SPACEUSDT
0.005514
-13.31%