$SPACE Signal】Pullback to Long + 1H Strong Consolidation, Betting on a Second Surge



$SPACE The 1H timeframe has experienced a massive rally and is currently in a strong consolidation at high levels. The price is building a platform in the 0.0128-0.0131 range, with the 1H EMA20 (0.0129) providing immediate support. The 4H volume spike and long bullish candle confirm a reversal trend. This is a healthy pullback, and stable open interest indicates that funds are not significantly withdrawing. This is a typical strong coin shakeout structure.

🎯Direction: Long (Long)

🎯Entry/Order: 0.01285 - 0.01295 (Reason: 1H EMA20 support zone + lower edge of the platform, dense buy orders )

🛑Stop Loss: 0.01250 (Reason: Break below the 1H consolidation low + bottom of the previous 4H candle body )

🚀Target 1: 0.01368 (Reason: Previous high resistance level, first pressure at the 4H level )

🚀Target 2: 0.01500 (Reason: Historical dense trading area + 1.618 Fibonacci extension level )

🛡️Trade Management:

- Position Size Suggestion: Light (Reason: 24H surge is huge, volatility is extremely high, risk first )

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price fails to break 0.0137 and falls back to the entry zone, exit unconditionally.

Deep Logic: This coin surged 75% in 24H, typical of hot market conditions. Key points to watch: 1) Large buy volume at the 4H level, indicating main force activity; 2) The current 1H pullback shows decreasing volume, limited selling pressure; 3) Market depth shows huge buy orders around 0.01286, indicating potential support; 4) The 1H RSI (55.35) is healthy after dropping from overbought, preparing for another upward move. The risk is the high fee rate (0.0258%), which may trigger short-term profit-taking, so keep a light position and strictly adhere to stop-loss.

Trade here 👇 $SPACE

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