The deceptive rise of +20% on coin $SPACE hits a massive sell wall at $1.71 million! Buyers are heading towards the liquidation guillotine! 🚨🐋📉
Trend: Bearish 📉
Entry Zone: 0.007900 - 0.008300 🎯
Targets 🎯
Target 1: 0.007200
Target 2: 0.006500
Target 3: 0.005800
Stop Loss: 0.008850 🛡️
Leverage: 10x
Technical reasons for the trade:
1. Sharp structural imbalance in liquidity as the $1.71 million short contracts swallow the weak buy side of only $610,000.
2. The long contracts ratio dropping to 35.68% confirms that whales are seizing this random pump to pile on massive short trades.
3. The average entry for selling whales at $0.00869 represents a strong dynamic ceiling preventing bulls from pushing higher.
#SPACE #CryptoTrading #WhaleWarning $SPACE
Trend: Bearish 📉
Entry Zone: 0.007900 - 0.008300 🎯
Targets 🎯
Target 1: 0.007200
Target 2: 0.006500
Target 3: 0.005800
Stop Loss: 0.008850 🛡️
Leverage: 10x
Technical reasons for the trade:
1. Sharp structural imbalance in liquidity as the $1.71 million short contracts swallow the weak buy side of only $610,000.
2. The long contracts ratio dropping to 35.68% confirms that whales are seizing this random pump to pile on massive short trades.
3. The average entry for selling whales at $0.00869 represents a strong dynamic ceiling preventing bulls from pushing higher.
#SPACE #CryptoTrading #WhaleWarning $SPACE