🔴✨ $ESPORTS
The token dropped more than 95% over the last 2 days.
The team still controls an enormous amount of tokens spread across dozens of wallets, making it extremely difficult to track. Many of those wallets still hold large unsold amounts.
There are liquidity clusters across multiple levels on the heatmap. To clean those levels, price would need to move back toward 0.12. There are also clusters above that, but with the amount of selling pressure coming from the team, a return to those levels currently feels unrealistic.
Trading $ESPORTS right now is pure gambling.
I also think we may eventually see similar moves in tokens like $LAB, $BEAT, $BSB, and $M.
How soon? From which level? Nobody knows.
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