🚀 $SPACE /USDT Perp – Momentum Breakout or Fake Pump?
$SPACE just exploded +16% with a clean breakout above intraday resistance. Strong bullish momentum on the 15m chart — but RSI is screaming overbought. Is this continuation or a short trap?
📊 Trade Setup (Momentum Long Bias)
Entry: 0.01360 – 0.01375
TP1: 0.01405
TP2: 0.01440
TP3: 0.01480
SL: 0.01310
Reasoning:
• Price broke above previous high 0.013886 with strong bullish candles.
• EMA(7) > EMA(25) > EMA(99) → clear short-term uptrend structure.
• Volume expansion confirms breakout strength.
• RSI(6) near 88 → very overbought, so slight pullback possible before continuation.
If price holds above 0.01350 zone, bulls remain in control.
Loss of 0.01310 = momentum shift → avoid holding.
High risk momentum play. Manage size properly.
Trade $SPACE here 👇
#space #spaceusdt #FutureTarding