$SPACE Rockets +36% – DePIN Narrative Gaining Heat? 🚀
The charts are screaming bullish for SPACE/USDT! After a period of accumulation, we’ve witnessed a massive breakout on the 4H timeframe.
Key Technical Observations:
✅ Trend Breakout: Price has decisively cleared the MA(99) resistance, signaling a potential shift from bearish to long-term bullish territory.
✅ Volume Inflow: High trading volume confirms strong buyer interest at current levels.
✅ Momentum: The MA(7) is providing immediate dynamic support as the price aims for the 0.0070 level.
Strategic Levels:
📍 Resistance: 0.00699 – 0.00750
📍 Support: 0.00560 (Critical for trend health)
Market Sentiment:
Driven by recent satellite network expansion news, Spacecoin is showing strong "alpha" by outperforming the broader market. Watch for a potential retest of the breakout zone before the next leg up.
Stay Disciplined: Always use a Stop Loss (SL) near 0.0050 to manage risk in this high-volatility DePIN play.
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