$ESP has delivered a strong impulsive breakout on the 1H timeframe, pushing over 100% from its base and tapping liquidity near 0.19–0.20. The move is clearly volume-backed, but price is now stretched far from its consolidation zone, increasing the probability of a pullback before continuation. As long as 0.155–0.165 holds on retracement, the bullish structure remains intact and a move toward 0.22+ becomes realistic. Losing 0.150 would likely trigger deeper correction toward the previous breakout base.
Trade Setup
Entry: 0.160 – 0.170 on pullback confirmation
TP1: 0.200
TP2: 0.225
TP3: 0.250
SL: 0.148
Leverage: 5x–8x max due to volatility$ESP
ESP
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FARM
11.71
-2.66%