SPACE Ready to Explode or Reject This Key Level
SPA$BTC CE has bounced hard from the 0.0040 bottom and now price is testing the heavy 0.0082 to 0.0085 resistance zone on the daily chart. This area aligns with EMA21 dynamic resistance and after a massive recovery move momentum is slowing.
If this level rejects again we could see a sharp intraday flush. If it breaks and holds cleanly then upside opens fast. This is a high risk scalp setup so manage risk properly.
Price
Currently testing 0.0082 to 0.0085 resistance
Trade Setup
Scalp short opportunity near resistance
Entry Zone
0.0082 to 0.0086
Take Profit 1
0.0072
Take Profit 2
0.0065
Take Profit 3
0.0058
Stop Loss
0.0092
After a strong push up, probability favors consolidation or pullback unless buyers reclaim and hold above 0.0085 with strength. Book partial profits at TP1 and protect capital by moving stop to entry.
Momentum is hot. Volatility is alive. Manage leverage wisely and stay disciplined.
Let’s go and trade smart now 🚀
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