Sold my $ESP bag at $0.071 last week because I got spooked by the chop.
Up 8% today. Of course.
@espressoFNDN has been in this annoying sideways grind for weeks and I convinced myself it was distribution. RSI sitting at 66 now, 4h momentum finally breaking the range 📈
Volume's still light though , only 0.6x the 20 day average. That's what's messing with my head.
We're 36% off the 30d high but this pump feels different. Funding's barely positive, no overleveraged longs yet 💀
Part of me thinks this is the start of real move. Other part remembers getting burned twice already trying to catch ESP bottoms.
Am I reading this wrong or is this actually setting up? 🤔
#ESP #Crypto
Up 8% today. Of course.
@espressoFNDN has been in this annoying sideways grind for weeks and I convinced myself it was distribution. RSI sitting at 66 now, 4h momentum finally breaking the range 📈
Volume's still light though , only 0.6x the 20 day average. That's what's messing with my head.
We're 36% off the 30d high but this pump feels different. Funding's barely positive, no overleveraged longs yet 💀
Part of me thinks this is the start of real move. Other part remembers getting burned twice already trying to catch ESP bottoms.
Am I reading this wrong or is this actually setting up? 🤔
#ESP #Crypto