$SPACE $ID is currently one of the strongest gainers in the market with significant price increase in the last 24 hours according to the current top gainers list.

Pair: $SPACE/USDT

Timeframe: 4H

Technical Overview

Support Zone

0.22 to 0.24

This area has acted as demand where price found buyers before moving up.

Resistance Zone

0.28 to 0.30

This is the next supply area. A breakout above this zone could push price higher.

Volume

Recent green candlesticks are accompanied by increased volume, showing strong buying interest behind the upward move.

Market Structure

Price broke above a recent consolidation range and is now forming higher highs and higher lows, which is a bullish sign as long as price stays above the support zone.

Short Term Outlook

If SPACE holds above the 0.24 support zone, the next upside targets are 0.28 and then 0.30. A breakout above 0.30 could indicate further gains.

Your Opinion

Do you think SPACE will break above 0.30 next or pull back to support first? Comment below

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