$ELSA USDT PERP is on fire right now 🔥

Price is sitting at 0.12058 after a sharp dump of 18.42 percent. Bears are clearly in control on the 15 minute chart. Price is trading below all key EMAs

EMA 7 at 0.12177

EMA 25 at 0.12529

EMA 99 at 0.13500

This alignment screams strong bearish momentum. The bounce from 0.11891 shows buyers trying to breathe but the structure is still weak. As long as price stays under 0.123 to 0.125 zone sellers have the upper hand.

Immediate support is 0.11890

If that snaps next stops can come fast

Resistance to watch is 0.12360 then 0.12900

High volatility high volume pure adrenaline market 😈

Trade carefully manage risk and don’t get emotional because this move is not done yet 🚀📉

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