$SPACE – Short Setup Analysis
Market Context:
$SPACE surged in a parabolic run, hitting local highs with a strong pump. Momentum has cooled sharply, and price action shows lower highs forming—a classic pullback structure #signaling potential reversal.
Trade Idea:
Position: Short $SPACE
Entry Zone: 0.0126 – 0.0130
Stop-Loss: 0.0144 (above recent highs)
Targets:
TP1: 0.0115
TP2: 0.0102
TP3: 0.0088


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