Quick Update on $SPACE trade
Watching the market now, $SPACE is trading in a corrective phase after a recent pullback from local highs. Price is hovering around a key demand zone, with buyers stepping in to defend structure. This looks like a stabilization attempt rather than a full trend breakdown if support holds.
Trade plan
Entry: 0.0172 – 0.0175
Tg1: 0.0181
Tg2: 0.0188
Tg3: 0.0196
Stop: 0.0167
Bullish condition
Holding above the 0.0170 support area and reclaiming short-term EMAs would signal strength and open the path for a move back toward the upper resistance levels.
Alternate plan (breakout)
Entry: Above 0.0182 (strong close & acceptance)
Tg1: 0.0188
Tg2: 0.0196
Tg3: 0.0208
Stop: 0.0174
Bullish condition
A clean breakout and sustained hold above 0.0182 confirms momentum shift and favors trend continuation to the upside.
Bearish invalidation
A sustained breakdown below 0.0167 invalidates the setup and may lead to a deeper pullback toward lower demand.
