๐ $SPACE โ Bounce Setup ( Last trade 2000% profit on just 15 leverage trade )
$SPACE is deeply oversold ๐ฉธ and showing signs of seller exhaustion. A base forming here could trigger a sharp relief bounce โก
๐ TRADE SETUP: LONG $SPACE
๐ข Entry: 0.0113 โ 0.0117
๐ด Stop-loss: 0.0105
๐ฏ Targets:
โTP1: 0.0126 ๐ฐ
โTP2: 0.0138 ๐ฅ
โTP3: 0.0155 ๐
๐ง Rationale
After dropping nearly 40% in a week ๐, $SPACE is now trading near a key demand zone around $0.0113 ๐งฒ โ an area where panic selling typically slows.
The dump came with massive volume ๐ relative to market cap, often a sign of capitulation, not continuation.
When price stops making lower lows โ and volume remains high, smart money ๐ tends to absorb supply.
If Space holds above $0.011, sellers get exhausted ๐ฎโ๐จ and even small buying pressure can spark a fast bounce toward the $0.013โ$0.015 liquidity zone โก
๐ฏ Risk-to-reward favors longs here โ tight invalidation, asymmetric upside.
Chasing shorts after extended dumps rarely pays โ
โ ๏ธ Not financial advice. Manage risk wisely.