$ESPORTS is currently coiling within a tight range after a significant drop from 0.4347. 📉
The price action is showing a clear pattern of lower highs combined with weak buying pressure, suggesting we’re seeing distribution rather than genuine accumulation. This sets up a potential range fade opportunity for short-term traders.
Here’s the setup: Entry Zone (Short): 0.4255 – 0.4280. Take Profit targets are set at 0.4210 (TP1) and 0.4175 (TP2). Protect your capital with a Stop Loss at 0.4315.
Recommended leverage: 20x–40x with a margin of 2%–5%. Remember to secure partial profits at TP1 and trail your Stop Loss back to your entry price to lock in gains.
As long as $ESPORTS remains below 0.428, sellers are likely to maintain control during any attempted rallies. This is a quick scalp play focused on fading the range. 🚀
#Trading #ShortScalp #Altcoin #RangePlay 😎
