【$SPACE Signal】Pullback on Long + 1H Level Strong Breakout and Confirmation of Pullback

$SPACE After a strong breakout above EMA20 on the 1H chart, the price is currently in a healthy pullback confirmation phase. The 4H chart has already stabilized above EMA50, forming an initial upward trend. The current price is consolidating slightly after the breakout, with buy orders significantly deeper than sell orders, indicating strong support below. The 1H RSI has fallen from overbought territory to a healthy zone, preparing for another upward move. Open interest remains stable; the price increase is driven by genuine buying pressure, not short-squeeze.

🎯 Direction: Long

⚡ Entry/Order: 0.00813 - 0.00832

🛑 Stop Loss: 0.00795

🚀 Target 1: 0.00880

🚀 Target 2: 0.00920

🛡️ Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to the entry price. The remaining position should trail the stop loss, with the 1H EMA20 serving as a dynamic take-profit line. If the price fails to break through Target 1 and falls back into the entry zone, consider exiting and observing.

( Depth Logic: The 4-hour candlestick has closed bullish consecutively, breaking through a recent consolidation range, with good volume-price coordination. After a volume spike in the morning, the 1H chart is now pulling back from the previous breakout level and EMA20 with decreasing volume, forming a classic breakout pullback setup for long entries. Order book data shows buy orders are more than five times the sell orders, indicating strong support. It is recommended to enter in stages within the optimized entry zone to play the trend continuation. )

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