SPACE ID ($ID ): A High-Risk, High-Reward Short Position

SPACE ID (ID) is currently trading at $0.4968, down 3.42% in the last 24 hours. The recent price action shows a potential bearish trend, with the price consolidating below the $0.5101 resistance level.

A high-leverage short position on ID/USDT could offer significant upside potential if the price breaks below the $0.4698 support level. However, it's important to note that high leverage also amplifies losses.

Additionally, the upcoming token unlock of SPACE ID on December 22nd could potentially exert downward pressure on the price, as a large number of tokens will be released into circulation.

Before entering any trade, it's crucial to conduct thorough research and consider your risk tolerance. This is not financial advice. Please do your own due diligence.

Disclaimer: This is not financial advice. Please do your own research before making any investment decisions. #Tokenunlock