$SPACE is bullish because the chart is reclaiming structure while the satellite DePIN narrative is still alive.
The catalyst is Spacecoin’s decentralized satellite-internet story: the project previously demonstrated secure blockchain data transmission through space, positioning itself as a smaller decentralized alternative to Starlink-style infrastructure. Binance Alpha visibility added the retail attention layer, while the recent profit-taking reset cleaned out weak holders.
Technically, $SPACE reclaimed the 4H MA7, MA30 and MA200 after basing near 0.0058–0.0061. The 15m chart spiked into 0.0069, rejected, but is still holding around 0.0066–0.0067 instead of collapsing back below the reclaim zone.
Bias: Long
Entry: 0.00645 – 0.00670
SL: 0.00620
TP1: 0.00690
TP2: 0.00730
TP3: 0.00840
Positioning insight:
Sellers already had the profit-taking window. If $SPACE keeps holding above 0.0064, they become forced re-entry fuel.