It's looking tough for $SPACE , which is currently stuck at a price of 0.007441. The big trend is clearly sliding below the EMA(21) ($0.007842) and EMA(50) ($0.007857) averages, plus the RSI(14) trend strength indicator is dropping down to level 33.77. Since the pressure is still dominantly downward and there's no strong reversal signal yet, looking for a short position when the price bounces up a bit is way safer than forcing a long at the current price.

​Entry Short: $0.007750
​Take Profit: $0.007200 (Targeting a new floor area)
​Stop Loss: $0.007950