The overall market remains under pressure, but $ESPORTS is beginning to show encouraging signs of strength. The 1H chart has printed a bullish 20 EMA > 50 EMA crossover, suggesting buyers are slowly regaining control.
📈 Long Setup
• Entry: 0.01780
• Stop Loss: 0.01639
• TP1: 0.01867
• TP2: 0.01943
• TP3: 0.02019
Once TP1 is reached, move your stop loss to breakeven to protect capital. Keep in mind that the daily chart remains below the 50 EMA, so the broader trend is still bearish. This is a high-risk setup—wait for confirmation and manage your risk carefully. A breakout could trigger a strong recovery, but a bull trap is still possible.
DYOR
$ESPORTS
📈 Long Setup
• Entry: 0.01780
• Stop Loss: 0.01639
• TP1: 0.01867
• TP2: 0.01943
• TP3: 0.02019
Once TP1 is reached, move your stop loss to breakeven to protect capital. Keep in mind that the daily chart remains below the 50 EMA, so the broader trend is still bearish. This is a high-risk setup—wait for confirmation and manage your risk carefully. A breakout could trigger a strong recovery, but a bull trap is still possible.
DYOR
$ESPORTS