📈 Currency $ESPORTS rebounds from the support zone and prepares to start a new upward wave
• Technical trend: repeated positive bounce from the green support zone and breaking above the nearby moving averages 🟢
• Watch zone: 0.01450 – 0.01550 📍
🎯 Price targets:
• First target: 0.01834
• Second target: 0.01977
• Third target: 0.02132
❌ Invalidate the scenario: a 4-hour candle close below 0.01400
💡 Technical reasons: price succeeded in forming a solid bottom above the green support zone (SUPPORT), surpassing the fast moving average lines (blue and red), with momentum shifting to the upside (Momentum: Rising ↑).
• Technical trend: repeated positive bounce from the green support zone and breaking above the nearby moving averages 🟢
• Watch zone: 0.01450 – 0.01550 📍
🎯 Price targets:
• First target: 0.01834
• Second target: 0.01977
• Third target: 0.02132
❌ Invalidate the scenario: a 4-hour candle close below 0.01400
💡 Technical reasons: price succeeded in forming a solid bottom above the green support zone (SUPPORT), surpassing the fast moving average lines (blue and red), with momentum shifting to the upside (Momentum: Rising ↑).
