A $1.69K LONG liquidation just hit $SPACE at $0.00844, flushing leveraged long positions and resetting short-term market structure. This liquidation sweep clears weak hands and often opens a volatility window as price searches for its next direction.

With leverage removed, $SPACE is now trading at a key reaction zone. If buyers step in and defend this level with volume support, $SPACE could attempt a recovery move. Failure to hold may lead to further downside exploration before balance is restored.

Trade Setup

EP: 0.00830 – 0.00855

TP1: 0.00910

TP2: 0.01020

TP3: 0.01180

SL: 0.00800

Post-liquidation moves can be sharp — let price action confirm direction.

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