Bearish divergence detected on $ESP/USDT, indicating a potential short setup. This pattern suggests a shift in momentum, which we are monitoring closely. 📉

$ESP - SHORT

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**Trade Plan:**

Entry: 0.117598 – 0.119442
SL: 0.125157
TP1: 0.111883
TP2: 0.107459
TP3: 0.100822

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**Setup Rationale:**

This short setup is validated by analysis on the 4H timeframe. The Relative Strength Index (RSI) on lower timeframes, such as the 15m, is currently weak at 37.14, signaling fading momentum.

The defined Entry zone between 0.1176 and 0.1194 offers a precise initiation point. Clear target profits are set down to 0.1008, anticipating a potential move out of the current daily range.

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**Considerations:**

Is this the anticipated breakdown from the range, or could it be another fakeout before a squeeze? Traders should consider both possibilities. 🤔

Click here to Trade 👇️
(ESPUSDT)