🔥 Watch out for $ESPORTS en 3m! Is a rebound coming or are we going down the well? 📉🚀
What’s up, community. Looking at the ESPORTS/USDT chart for a quick scalp and things are getting spicy. Here’s what I’m seeing on the 3-minute timeframe: 👇
🛡️ Buyers holding strong:
We saw an ugly drop from the top, but the absorption at 0.01424 was amazing. That “V” shaped wick tells us there’s buying interest at the bottom.
⚔️ Battle in the critical zone (0.01449):
Right now the price is sweating to stay above the 99-period moving average. The fast MAs (MA7 and MA25) are extremely compressed. Pure tension!
⚠️ The big problem: lack of volume!
If you look at the bottom, volume dried up completely after the bounce. Without new capital, we won’t break the 0.01455 resistance, not even close. We need real money to step in.
🎯 My two scenarios to trigger:
🟢 For those looking for LONG: If it breaks 0.01455 with force and volume comes in, there’s a clear path to go after liquidity around 0.01470 - 0.01480 in the short term. 💸
🔴 For those looking for SHORT: If price loses the dynamic support at 0.01445... be very careful. Most likely, we’ll go revisit the double bottom at 0.01424 again. 🩸
I’m going to keep a close eye before placing my order. What do you think, guys? Do we go long looking for the breakout, or wait for the rejection to enter short?
I’ll read you in the comments! And remember: risk management and stop loss always. 👇👀
#ESPORTSUSDT #Scalping #TradingSignal #CryptoLatam #BinanceSquareFamily #futures
What’s up, community. Looking at the ESPORTS/USDT chart for a quick scalp and things are getting spicy. Here’s what I’m seeing on the 3-minute timeframe: 👇
🛡️ Buyers holding strong:
We saw an ugly drop from the top, but the absorption at 0.01424 was amazing. That “V” shaped wick tells us there’s buying interest at the bottom.
⚔️ Battle in the critical zone (0.01449):
Right now the price is sweating to stay above the 99-period moving average. The fast MAs (MA7 and MA25) are extremely compressed. Pure tension!
⚠️ The big problem: lack of volume!
If you look at the bottom, volume dried up completely after the bounce. Without new capital, we won’t break the 0.01455 resistance, not even close. We need real money to step in.
🎯 My two scenarios to trigger:
🟢 For those looking for LONG: If it breaks 0.01455 with force and volume comes in, there’s a clear path to go after liquidity around 0.01470 - 0.01480 in the short term. 💸
🔴 For those looking for SHORT: If price loses the dynamic support at 0.01445... be very careful. Most likely, we’ll go revisit the double bottom at 0.01424 again. 🩸
I’m going to keep a close eye before placing my order. What do you think, guys? Do we go long looking for the breakout, or wait for the rejection to enter short?
I’ll read you in the comments! And remember: risk management and stop loss always. 👇👀
#ESPORTSUSDT #Scalping #TradingSignal #CryptoLatam #BinanceSquareFamily #futures
