$SPACE 📉 SPACEUSDT Perp – Short-Term Market Insight

On the 5-minute timeframe, SPACEUSDT has seen a sharp bearish move with strong selling pressure.

🔹 Price: ~0.01917

🔹 24h Change: −22%

🔹 High → Low: 0.02465 → 0.01880

🔹 Volume: High sell volume confirms panic selling

📊 Technical View:

Large red candles indicate strong bearish momentum

Price broke below previous support near 0.022

Current zone (0.0188–0.0192) is acting as temporary support

No clear reversal signal yet on lower timeframe

🔍 Possible Scenarios:

If 0.0188 support holds, a short-term bounce is possible

If support breaks, price may move lower before consolidation

Safer entries require confirmation (volume decrease or reversal candle)