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【$SPACE Signal】Pullback to Long Entry + 1H Momentum Rebound
$SPACE On the 1H timeframe, after a strong rally, the price is pulling back to key support levels for consolidation. The 4H timeframe has already broken through the previous consolidation upper boundary, indicating an upward trend. Currently, the price is retracing near the 1-hour moving average support, with significant buy volume, presenting an excellent short-term sniper opportunity.
🎯Direction: Long
⚡Entry/Order: 0.007300 - 0.007415
🛑Stop Loss: 0.007100
🚀Target 1: 0.007850
🚀Target 2: 0.008200
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Trail the remaining position for take profit; if the price falls below the 1H EMA20 support, exit all positions.
(Depth Logic: The 4-hour chart shows a volume breakout above a key resistance, forming a bullish structure. Although open interest remains stable, the price refuses to drop sharply after the rally, indicating bullish control. The 1-hour RSI is in a healthy zone with momentum for another push higher. Order book data shows dense buy orders forming a strong support zone between 0.0074-0.0076, creating significant downward resistance. )
View real-time market 👇 $SPACE
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