$ESPORTS (Yooldo) just printed a sharp downside move on the 1H chart.
Price is trading near 0.447 after a strong rejection from the 0.49 zone, confirming lower highs and sustained sell pressure. The breakdown below 0.455 support accelerated momentum, pushing price into a short-term demand pocket around 0.445. This level is critical. Buyers are attempting a reaction, but structure is still weak.
As long as price stays below 0.465, the bias remains bearish. A clean reclaim of 0.465 to 0.472 is needed to shift momentum and open room back toward 0.488 to 0.50. Failure to hold 0.445 risks continuation toward 0.432 and potentially 0.418 if fear expands.
Market cap sits near 103.5M with on-chain liquidity around 4M, meaning volatility can expand fast once direction is chosen.
This is a decision zone. Either a sharp bounce from demand or another leg down if support cracks. Risk management matters here.


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