$ESP Bottom Fishing Signal – Support Bounce Imminent! 🚀
Espresso ($ESP) is showing high-conviction signs of a reversal. After a period of cooling off, the price has just printed a bullish tail candle (pin bar) right at the H4 EMA support.
On the lower timeframes (H1), the RSI is climbing out of the oversold zone, signaling that the bears are exhausted and the buyers are stepping back in. This is a classic "Buy the Dip" setup at a key structural level!
📈 Trade Strategy: Long
Entry Zone: 0.1485 – 0.1545
Stop Loss: 0.1441 (Protect your capital!)
🎯 Take Profit Targets
TP1: 0.1588
TP2: 0.1635
TP3: 0.1695 (Potential Moon 🚀)
Nabiha Noor
Precision technical analysis for the modern trader.
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