$ESPORTS is in capitulation mode—dead-cat bounce setup, not a confirmed reversal yet

3m structure is aggressively bearish with price far below EMA(25/99) after a heavy liquidation flush; the bounce from 0.0371 is weak and looks corrective unless momentum reclaims 0.0403 quickly.

SHORT 0.0387 - 0.0393

TP1 0.0374, TP2 0.0362, TP3 0.0348

🛑 Stop Loss 0.0406

Trend strongly favors continuation lower; only a sharp reclaim above EMA25 invalidates the short thesis on this micro timeframe.