🔥 $ESP — Vertical Pump & Weak Pullback Formation
$ESP surged +112%, blasting from $0.09 → $0.227 in a single aggressive move before getting rejected at the top. After hitting $0.22775, the price formed a weak recovery bounce, signaling exhaustion on the 1H chart.
Price is now trading inside a bearish continuation structure, and buyers are failing to hold momentum above the mid-range.
Sellers are dominating every bounce, and decreasing volume confirms fading strength after the pump.
📉 Trade Setup — Short
• Entry: $0.1980 – $0.2050
• SL: $0.2270
• TP1: $0.1850
• TP2: $0.1720
• TP3: $0.1580
⚠️ Note:
As long as $ESP stays below $0.2050, bearish pressure remains strong.
Only a clean reclaim above $0.2270 would invalidate the downside setup and shift momentum.
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