$ESPORTS Air Force Signal
The upward structure of ESPORTS has shown signs of fatigue. After failing to break the previous high, the price has begun to consolidate and weaken at a high level, subsequently being broken through by a strong bearish candle that has pushed through short-term support.
This pattern indicates that bullish momentum is retreating, while bearish momentum is dominating the rhythm, completely reversing the range from 'upward attack' to 'pullback confirmation'.
The current price is resting at the lower edge of the middle band, with weak rebound strength, more resembling a position for bears to reestablish their position rather than a signal of stabilization.
⸻
Bearish Trading Plan
Entry Range
0.4790 – 0.4870
Take Profit Targets
T1 0.4610
T2 0.4475
T3 0.4320
Stop Loss
0.5030
⸻
The structure is tilted, and the downward pressure is effective. As long as it cannot return to the dense trading area below the previous high, it will be difficult for the bulls to regain control of the rhythm.
Trade Now $ESPORTS
