๐ด $ESPORTS SHORT SETUP โ Rejection Zone Building ๐
๐ Entry Zone: 0.5990 โ 0.6050
๐ก๏ธ SL: 0.6230
๐ฏ TP1: 0.5500
๐ฏ TP2: 0.4800
๐ฏ TP3: 0.4200
ESPORTS has rallied back into a resistance pocket where seller defense may begin strengthening aggressively.
Order book activity has already started flipping ask-heavy, while momentum beneath the recent highs appears increasingly weak.
Price action near the 0.6228 region is tightening without strong breakout conviction โ often an early signal that buyers may be losing control.
๐ Weak breakout pressure + growing seller defense = rejection setup
If this resistance zone rejects cleanly, downside rotation toward the 0.48 region and lower could develop into a broader corrective move.
Traders should remain cautious around resistance levels, where failed continuation attempts often trigger sharp downside volatility.
Trade $ESPORTS Here ๐๐
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โ ๏ธ Not financial advice. Trade at your own risk.