$SPACE presses into resistance as upside momentum shows clear signs of exhaustion.

🔥 Trade Setup: SHORT SPACE

Entry: 0.0104 – 0.0112

Stop-loss: 0.0129

Targets: 0.0088 ➝ 0.0072 ➝ 0.0062

$SPACE aggressively advanced into a high-confluence supply zone where buy-side liquidity was absorbed, signaling exhaustion of bullish intent. The inability of price to extend higher despite repeated pushes confirms strong passive selling, while volume reflects distribution rather than expansion. Momentum is fading, short-term structure is breaking down, and lower highs are beginning to form — a sequence typically seen during distribution phases before a controlled bearish continuation or trend reversal.

SPACEUSDT

Διην.

0.011284

+4.77%