ESPORTS after a strong impulse moved into a consolidation phase. The price holds above the main moving averages, indicating that buyers still maintain control.
đ Bullish scenario:
If buyers keep their activity and the price settles above $0.0300â$0.0305, the next target may be a retest of the local high at $0.0313. Its breakout could pave the way for a new upward wave.
â ď¸ What to watch:
If the price cannot hold above $0.0295, a short-term pullback to $0.0285â$0.0290 is possible. This correction doesnât necessarily mean a trend changeâit may simply be a normal pause after the rally.
đ Conclusion:
At the moment, the chart structure remains positive. As long as the price trades above the key moving averages, the advantage stays with buyers. Today, itâs worth monitoring volume: its increase together with a breakout at $0.0313 could signal continuation of the uptrend.
#esportsToMonn $ESPORTS
đ Bullish scenario:
If buyers keep their activity and the price settles above $0.0300â$0.0305, the next target may be a retest of the local high at $0.0313. Its breakout could pave the way for a new upward wave.
â ď¸ What to watch:
If the price cannot hold above $0.0295, a short-term pullback to $0.0285â$0.0290 is possible. This correction doesnât necessarily mean a trend changeâit may simply be a normal pause after the rally.
đ Conclusion:
At the moment, the chart structure remains positive. As long as the price trades above the key moving averages, the advantage stays with buyers. Today, itâs worth monitoring volume: its increase together with a breakout at $0.0313 could signal continuation of the uptrend.
#esportsToMonn $ESPORTS