$SPACE /USDT
📊 Market Structure
SPACE/USDT is forming a bullish pennant / symmetrical triangle after a strong rally from $0.00745 → $0.01317.
This is typically a continuation pattern, meaning the prior trend (up) has higher probability of resuming if breakout confirms.
Price is compressing between:
• Descending resistance (sellers stepping down)
• Ascending support (buyers stepping up)
Compression = volatility expansion soon.
🔥 Trade Plan (Pure Price Action)
🟢 Bullish Breakout Setup
Entry (Break & Close Above Triangle):
→ $0.0104 – $0.0106 with strong volume
Targets:
1. $0.0118 (first supply zone)
2. $0.01317 (previous high)
3. $0.0145 (measured move extension)
Stop Loss:
→ Below $0.0093
(Break below triangle = pattern invalid)
🟡 Conservative Play
Buy near support:
→ $0.0098 – $0.0100
Only if structure holds and buyers defend.
⚠️ What Confirms Strength?
• Strong breakout candle
• Increasing volume
• No immediate rejection wick
If breakout happens on low volume → high chance of fakeout.
Bottom Line
Bias = Bullish continuation, but confirmation is required.
Breakout = momentum trade.
Breakdown = structure failure.
