SPACE is breaking out of a key market structure, with a clear confluence of support zones that could propel it higher. The current price action is showing a significant increase in buying interest.

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🟢 SPACE LONG 📈

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📍 Entry Range: $0.007933 – $0.007949

🛑 Stop Loss: $0.007703 (-3.0%)

🎯 TP1: $0.008060 (+1.5%)

🏆 TP2: $0.008338 (+5.0%)

⚡ R/R Ratio: 1:1.7

📊 Confidence: 88%

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The setup on SPACE looks promising, with CHoCH, CVD, FVG, OB, and POI confluence all firing in tandem, indicating a high-probability long trade. The overlap of the order block and fair value gap creates a robust support zone, which has now been broken to the upside. This market structure break suggests a potential trend reversal.

A 3.0% stop loss seems relatively tight, so using lower leverage would be prudent to avoid over-exposing the trade to potential volatility.

Consider taking partial profits at the first target to lock in some gains and adjust the stop loss to break even, allowing the remaining position to ride out the potential upside.

Not financial advice — always manage your own risk 🙏

#SPACEUSDT $SPACE #SMC #Write2Earn #Binance