$ESP /USDT BEARISH PRESSURE BUILDING – BREAKDOWN IMMINENT BELOW KEY SUPPORT
$ESP /USDT is trading under clear intraday pressure after rejecting the 0.0788 high and sliding -6.58%. Price is now hovering just above critical support near 0.0720–0.0700. With Supertrend resistance at 0.0753 and sellers dominating below 0.0745, the structure signals continuation to the downside unless bulls reclaim 0.0755 decisively. Momentum favors bears.
🔻 Trade Setup (Short Bias)
Entry Zone: 0.0725 – 0.0735
Take Profit 1: 0.0700
Take Profit 2: 0.0678
Take Profit 3: 0.0645
Stop Loss: 0.0756
📊 Short Market Outlook
Trend: Bearish intraday structure (lower highs forming)
Momentum: Weak — price trading below Supertrend (10,3) at 0.07539
Volume: Selling pressure increasing near support
Key Resistance: 0.0745 / 0.0756
Key Support: 0.0700 → Break below opens sharp downside acceleration
A confirmed 4H close below 0.0700 could trigger a fast liquidity sweep toward 0.0650 region. Bulls must reclaim 0.0755 to invalidate the bearish continuation setup.
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