$SPACE – Resistance Stall, Weak Momentum

$SPACE has bounced into a key resistance zone, but the move is clearly losing strength. Instead of a clean breakout, price is showing hesitation with weak follow-through.

Trading Plan – Short $SPACE (max 10x)

Entry: 0.00660 – 0.00710

Stop Loss: 0.00745

Targets:

0.00610

0.00550

0.00490

Structure Insight

• Price revisiting resistance without momentum

• Weak continuation on each push upward

• Sellers likely active in this zone

• Breakdown probability increasing

Outlook

When price stalls at resistance like this, it often leads to rejection and a move lower.

If resistance holds, downside continuation toward support levels is likely.

A breakout above 0.00745 would invalidate the setup and shift momentum bullish.