Analysis of the trading pair of coin $ESP The current price is 0.09897 on the 1-hour timeframe. It gives a very strong move, but there is a clear rejection from the top at 0.11832.
📈 Expected now:
The price is above MA7 = 0.09458 and above MA25 = 0.08926, so the short-term momentum is still bullish.
However, the bullish candle up to 0.11832 followed by a sharp drop from it means the 0.104–0.118 area has strong sell pressure.
🔴 Resistances:
0.10465 first resistance.
0.11236 second resistance.
0.11832 the current high.
🟢 Supports:
0.0945–0.0946 ← MA7, the most important nearby support.
0.0892–0.0893 ← MA25.
0.0848 ← MA99.
Closest scenario from the chart:
If the price holds 0.0945 and manages to break 0.10465 with an hourly close, it can retest 0.11236 and then 0.11832.
But if it breaks 0.0945 with an hourly close, the chance of a pullback toward 0.0892 increases.
⚠️ Most important: I do not consider the current rise as confirmation for a continuous direct move; the presence of a high at 0.11832 followed by a strong drop from it makes volatility very high. The best approach is to watch 0.10465 from above and 0.0945 from below as the decision zones.
$BTC $AAPLB #BTCBreaks80K #比特币突破8万 #esp #صفقات_فيوتشر #ابو_عقيل_للصفقات_الذهبيه
📈 Expected now:
The price is above MA7 = 0.09458 and above MA25 = 0.08926, so the short-term momentum is still bullish.
However, the bullish candle up to 0.11832 followed by a sharp drop from it means the 0.104–0.118 area has strong sell pressure.
🔴 Resistances:
0.10465 first resistance.
0.11236 second resistance.
0.11832 the current high.
🟢 Supports:
0.0945–0.0946 ← MA7, the most important nearby support.
0.0892–0.0893 ← MA25.
0.0848 ← MA99.
Closest scenario from the chart:
If the price holds 0.0945 and manages to break 0.10465 with an hourly close, it can retest 0.11236 and then 0.11832.
But if it breaks 0.0945 with an hourly close, the chance of a pullback toward 0.0892 increases.
⚠️ Most important: I do not consider the current rise as confirmation for a continuous direct move; the presence of a high at 0.11832 followed by a strong drop from it makes volatility very high. The best approach is to watch 0.10465 from above and 0.0945 from below as the decision zones.
$BTC $AAPLB #BTCBreaks80K #比特币突破8万 #esp #صفقات_فيوتشر #ابو_عقيل_للصفقات_الذهبيه