đ $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.
đ Trade Outlook: đ˘ Trend: Bullish
đŻ Resistance: $0.0640 â $0.0665
đ˘ Support: $0.0560 â $0.0580
đ° Entry Zone: $0.0565 â $0.0585 (on pullback)
đŻ Take Profit: ⢠TP1: $0.0640 ⢠TP2: $0.0680 ⢠TP3: $0.0720 đ Stop Loss: Below $0.0540
đ 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.
â ď¸ 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.
đ Trade Outlook: đ˘ Trend: Bullish
đŻ Resistance: $0.0640 â $0.0665
đ˘ Support: $0.0560 â $0.0580
đ° Entry Zone: $0.0565 â $0.0585 (on pullback)
đŻ Take Profit: ⢠TP1: $0.0640 ⢠TP2: $0.0680 ⢠TP3: $0.0720 đ Stop Loss: Below $0.0540
đ 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.
â ď¸ 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