๐ฅ $ESP is bouncing, but the real test is still above.
Espresso is trading around $0.075, with the market showing a short-term recovery after a sharp pullback. Recent futures data shows strong liquidity around the $0.070โ$0.091 range, so this is where Iโm watching the reaction closely.
๐ Market Structure
For me, $0.070โ$0.072 is the key support zone. Holding this area keeps the recovery structure alive.
The first major resistance is around $0.080โ$0.082. A clean breakout with expanding volume could open the door toward $0.090 and then $0.100.
๐ฏ LONG SETUP
Entry: $0.073โ$0.076
TP1: $0.082
TP2: $0.090
TP3: $0.100
SL: $0.069
Approx. Risk/Reward: 1:2.3
โก Confirmation
I want to see $0.080 reclaimed with volume, followed by a successful retest. BTC stability would also strengthen the setup.
โ Invalidation
A strong close below $0.069 would weaken the bullish idea.
๐ง Trader View
I wouldnโt chase ESP into resistance. The better trade is letting price prove that buyers are actually back.
ESP also has a real infrastructure narrative: the token supports staking and network security for Espressoโs rollup-focused infrastructure.
โ ๏ธ Crypto is volatile. Manage your risk and position size.
๐ฌ Would you wait for the $0.080 breakout, or are you watching the $0.070 support for an entry?
$ESP
Espresso is trading around $0.075, with the market showing a short-term recovery after a sharp pullback. Recent futures data shows strong liquidity around the $0.070โ$0.091 range, so this is where Iโm watching the reaction closely.
๐ Market Structure
For me, $0.070โ$0.072 is the key support zone. Holding this area keeps the recovery structure alive.
The first major resistance is around $0.080โ$0.082. A clean breakout with expanding volume could open the door toward $0.090 and then $0.100.
๐ฏ LONG SETUP
Entry: $0.073โ$0.076
TP1: $0.082
TP2: $0.090
TP3: $0.100
SL: $0.069
Approx. Risk/Reward: 1:2.3
โก Confirmation
I want to see $0.080 reclaimed with volume, followed by a successful retest. BTC stability would also strengthen the setup.
โ Invalidation
A strong close below $0.069 would weaken the bullish idea.
๐ง Trader View
I wouldnโt chase ESP into resistance. The better trade is letting price prove that buyers are actually back.
ESP also has a real infrastructure narrative: the token supports staking and network security for Espressoโs rollup-focused infrastructure.
โ ๏ธ Crypto is volatile. Manage your risk and position size.
๐ฌ Would you wait for the $0.080 breakout, or are you watching the $0.070 support for an entry?
$ESP