Price Position and Structural State
SPACE ID (ID) closed at 0.03553 USDT on May 29, 2026, up 33.92%. The asset now sits in a sideways structure near the top of its 55-day range. Current 55-day support is near 0.02568 USDT, with resistance near 0.04041 USDT. A daily close above 0.04041 USDT would confirm an upside regime shift. A rejection near resistance would keep price inside the range.
Moving Averages and Trend Context
ID is trading above short-term moving averages but remains below longer-term resistance. MA50 at 0.031599 USDT can act as near-term support for the recovery attempt, while MA100 at 0.035639 USDT is the key level to reclaim for a broader trend shift. Short-term structure has improved, but longer-term moving averages still show overhead resistance.
Trading Friction and Price Efficiency
ID shows low trading friction, with a 3-day friction score of 72.6. The score combines price progress, wick rejection, and volume confirmation. Recent candles show cleaner acceptance, with cleaner price progress and lighter wick rejection. This gives moves near support or resistance more weight, especially when price closes cleanly.
Open Interest, Funding, and Positioning
Open interest fell -6.68% in one day and remains near the lower side of its 30-day range. This shows participation is weak and exposure is still being reduced.
Funding is negative on the 24-hour average at -0.448359%, with the 7-day average also negative at -0.056627%. This shows sustained short-side cost pressure across both short and medium windows.
The long/short ratio is 1.46, showing more long accounts than short accounts. It sits near the middle of its 60-day range, so this is a long tilt without clear historical crowding.
Correlation, Beta, and Index Relationship
ID shows a moderate relationship with the broader crypto market (Sigloid Index). Correlation indicates partial co-movement with the index, while R² suggests that index behavior explains only part of its movement. This means broader market direction has some influence, but asset-specific factors remain important. Over the 30-day window, the relationship is weakening. Over the 60-day window, the relationship is weakening. Over the 180-day window, the relationship is weakening.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.438 | 1.687 | 0.191 | Moderate linkage |
| 60D | 0.492 | 1.259 | 0.242 | Moderate linkage |
| 180D | 0.583 | 0.851 | 0.34 | Moderate linkage |
Momentum, Volatility, and Indicator Pressure
ID is trading with expanding volatility. ATR% reads 8.13, near the upper side of its 90-day range, and Bollinger Band width% reads 33.27, near the lower side of its full historical range. 20-day Volume Z-score is 4.36, showing strong above-normal participation. Range movement, volatility structure, and participation are working together.
Momentum is stronger. RSI is 60.85, ROC14 is +13.84%, and MACD histogram is positive. These readings point in the same direction: upside pressure is active across momentum and multi-day acceleration.
The read is clear: volatility, participation, and momentum are aligned, so the pressure build carries more weight.
Broader Market Regime
The Sigloid Index remains in a sideways regime, showing no clear broad market direction. ID has a moderate link to that market condition, so broader market moves can influence price behavior, but the effect is not consistent.
Key Levels for the Next State Change
For ID, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.03831 USDT establishes a bullish regime, while a daily close below 55-day support at 0.02568 USDT confirms a bearish regime.