Heavy distribution after a sharp rejection — this drop wasn’t random.👀

$SPACE failed to hold the bounce and rolled over with weak follow-through, showing sellers firmly in control. The brief consolidation attempt got sold into, keeping structure bearish.

No bottom fishing. Looking for continuation to the downside.

Trade Setup

Short Entry: 0.0168 – 0.0172

Target 1: 0.0155

Target 2: 0.0142

Target 3: 0.0130

Stop Loss: 0.0183

Invalidation / Long Outlook

Bearish bias holds below the rejection zone. A strong reclaim and acceptance above it invalidates the short setup.

SPACE

Alpha

0.0060119

-14.18%