$ESP is once again the darling of today's top gainers. From a consolidation area of $0.06, its price is now hovering around $0.13. The question is: Is there still fuel left to reach $0.20, or is this a retail trap before a deep correction?

Personally, I prefer to look for SHORT positions with the following confirmation

Trade Plan:

Short/Sell

Entry : 0.132 - 0.140

TP1 : 0.125

TP2 : 0.112

SL : 0.152

In the 4H and 1H timeframes, the RSI indicator has already touched the 75-80 area. The history of the crypto market teaches us that coins that rise vertically without "breathing" will usually experience a sharp flush out (clearing of long positions).

Trade $ESP here👇

ESP
ESPUSDT
0.06866
-1.64%