đ $SPACE Perp Listing â Trade Idea đ
New perpetual listings usually bring explosive volatility, especially during early price discovery. This is a traderâs market â speed and discipline matter more than emotions.
đ Trade Bias: Long on strength
đ Entry:
âą After the first pullback
âą Price must hold above opening VWAP
đŻ Targets:
âą TP1: +8â10% (take partials)
âą TP2: +18â25%
đ Stop-Loss:
âą Below the opening low
âą Or if VWAP reclaim fails
â ïž Risk Note:
Keep position size small â spreads and wicks can be aggressive in the first few minutes.
đ Key Reminder:
Trade the reaction, not the hype. Patience pays during listings.
#PerpListing #CryptoTrading #BinanceFutures #VWAP #RiskManagement