🚀 $ESPORTS Technical Analysis | 1H Timeframe
$ESPORTS has delivered an impressive breakout with strong bullish momentum, gaining over 30%. The price is now testing a key resistance zone around $0.0640.
📈 Trade Outlook: 🟢 Trend: Bullish
🎯 Resistance: $0.0640 – $0.0665
🟢 Support: $0.0560 – $0.0580
💰 Entry Zone: $0.0565 – $0.0585 (on pullback)
🎯 Take Profit: • TP1: $0.0640 • TP2: $0.0680 • TP3: $0.0720 🛑 Stop Loss: Below $0.0540
📊 Indicators:
Supertrend remains bullish.
RSI is around 71, indicating strong momentum but also a possibility of a short-term pullback.
Volume has increased, confirming buyer interest.
⚠️ Trading Plan: Avoid chasing the green candles. Wait for a healthy retest of the support zone before considering a new entry. If price breaks and closes above $0.0640 with strong volume, the next bullish leg could begin.
Tread recommend : $SIREN
$ESPORTS has delivered an impressive breakout with strong bullish momentum, gaining over 30%. The price is now testing a key resistance zone around $0.0640.
📈 Trade Outlook: 🟢 Trend: Bullish
🎯 Resistance: $0.0640 – $0.0665
🟢 Support: $0.0560 – $0.0580
💰 Entry Zone: $0.0565 – $0.0585 (on pullback)
🎯 Take Profit: • TP1: $0.0640 • TP2: $0.0680 • TP3: $0.0720 🛑 Stop Loss: Below $0.0540
📊 Indicators:
Supertrend remains bullish.
RSI is around 71, indicating strong momentum but also a possibility of a short-term pullback.
Volume has increased, confirming buyer interest.
⚠️ Trading Plan: Avoid chasing the green candles. Wait for a healthy retest of the support zone before considering a new entry. If price breaks and closes above $0.0640 with strong volume, the next bullish leg could begin.
Tread recommend : $SIREN