$SPACE just pulled off a clean liquidity sweep — and the rebound is telling a story.
Price dipped into 0.00965, flushed weak hands, and instantly found demand. That wasn’t breakdown behavior. That was absorption. Since then, $SPACE has reclaimed the 0.0110–0.0112 pivot and is now building a developing higher-low structure after the corrective phase.
Momentum is rebuilding. Slowly. Steadily. Intentionally.
Now price is pressing into mid-range resistance at 0.0114–0.0116 — the exact zone that rejected the last recovery attempt. This is the battlefield.
Market Structure: – Demand sweep at 0.00965
– Pivot reclaim at 0.0110–0.0112
– Higher low forming
– Compression under 0.0115
As long as 0.0108 holds, the intraday bias leans cautiously bullish. The reaction off the range low wasn’t aggressive selling — it was accumulation inside the broader 0.010–0.012 range.
Current sideways compression under 0.0115 suggests pressure is building. Acceptance above 0.0116 opens the path toward 0.0122–0.0126 liquidity — and that’s where expansion accelerates.
Trade Plan: Entry: 0.0109–0.0112 pullback zone
TP1: 0.01225
TP2: 0.01285 extension
Stop: 0.01045 below structural support
If 0.0108 fails, the rotation thesis weakens and 0.0100 demand comes back into focus. But while reclaimed support holds, continuation probability remains intact.
Liquidity was swept.
Structure reclaimed.
Resistance is being tested again.
This is a classic reclaim-and-rotation setup inside accumulation. Break 0.0116 with acceptance, and $SPACE shifts from recovery mode into expansion mode.
Stay patient. Let the level confirm. Then let the range release do the work.