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【$SPACE Signal】Short | Volume Breakout Downward
$SPACE After experiencing a -33.8% plunge, it shows a typical volume breakout pattern. Combined with open interest data, this looks more like major players offloading rather than purely long liquidation, and market sentiment has shifted to a bearish dominance.
🎯 Direction: Short (Short)
🎯 Entry: 0.0160 - 0.0165
🛑 Stop Loss: 0.0175 ( Rigid stop loss, breaking this level invalidates the downward structure )
🚀 Target 1: 0.0140
🚀 Target 2: 0.0120
$SPACE Price action indicates massive selling below key support levels, with no effective buy absorption. Such a decline, accompanied by high trading volume, usually signals the start of a new downtrend rather than a simple correction. The market shows persistent selling pressure, and any rebound near the breakdown zone presents a new shorting opportunity.
Trade 👇 $SPACE
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