$SPACE 🚀 SPACEUSDT - CRITICAL SUPPORT BOUNCE SETUP

📊 MULTI-TIMEFRAME REVERSAL ANALYSIS

Market Structure:

· 4H Chart: Price has crashed -21.78% to critical support at 0.0192. Supertrend is bearish at 0.0236, but RSI at 48 is oversold after such a massive drop.

· 1H Chart: Bullish divergence forming - price made lower lows, but RSI made higher lows (48.1 → 46.5). This signals momentum shift. Price is also holding above 1H Supertrend (0.0185).

· 15M Chart: Double bottom pattern forming at 0.0192-0.0193. Volume declining on down moves = selling exhaustion.

Market Psychology:

· Extreme Fear: Retail panic sold the -21% drop. Capitulation volume hit 4B+.

· Support Clustering: Multiple technical levels converge at 0.0192 (previous resistance, round number, 24h low).

· Order Book: Balanced at 46% Bid / 54% Ask - sellers exhausted near lows.

🎯 TRADE STRATEGY (OVERSOLD BOUNCE)

Direction: LONG

Entry Zone: 0.01925 - 0.01935 (Current support)

Take Profit (TP): 0.02100 (+9.1%)

Stop Loss (SL): 0.01850 (-4.0%)

Leverage: 50x

Risk-Reward Ratio: 1:2.25

Why This Long Works:

1. Oversold Bounce: -21% drops typically see 8-12% rebounds.

2. Double Bottom: Classic reversal pattern on 15M.

3. Volume Divergence: Selling volume decreasing despite lower prices.

4. Risk-Reward: Favorable setup with SL below key support.

⚠️ RISK MANAGEMENT

· Position size: 1% max capital. Meme coins are volatile.

· SL below 1H Supertrend (0.0185) and 24h low (0.0147).

· If price breaks 0.0185, exit immediately - trend resuming down.

✅ CONFIRMATION TRIGGERS

· 1H candle close above 0.01950.

· RSI(14) on 1H breaks above 50.

· 15M volume surge on move up.

This is a counter-trend bounce play. Markets don't go down in straight lines. I'm buying extreme fear at support.

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