🚨 $SPACE / USDT — Bottom Formation Reversal Setup 🟢📈
$SPACE is showing signs of a potential bottom formation after a prolonged downtrend, hinting at seller exhaustion and early reversal structure. Price stabilizing above the 0.00520 zone could trigger short covering and spark a relief rally toward higher liquidity pockets. Momentum is slowly shifting — but confirmation and disciplined risk management remain key.
📊 Trade Plan (Long):
🟩 Entry Zone: 0.00520 – 0.00545
🛑 Stop Loss: 0.00470
🎯 TP1: 0.00600
🎯 TP2: 0.00680
🎯 TP3: 0.00780
🎯 TP4: 0.00950
⚠️ Market Structure Insight:
• Possible daily bottom formation after extended downtrend
• Stabilization above 0.00520 suggests accumulation phase
• Short covering potential if momentum expands
• Losing 0.00470 invalidates bullish bias
🧠 Trading Notes:
✅ Enter on confirmation — avoid early chasing
✅ Scale profits across targets to secure gains
✅ Respect stop loss — structure breaks = exit
⚡ Watch volume spikes for continuation strength
If the base holds, this could evolve into a strong relief rally — patience and execution matter. 📈🔥
#SPACE #CryptoTrading #LongSetup #Reversal 🚀
