๐ Technical analysis of Espresso (ESP/USDT)
After a period of sideways trading, the coin has managed to regain some strength and is now trading at 0.11244 USDT, up nearly 6%.
Key technical observations:
1. Rebound: The price bounced from a strong support zone at 0.10013, indicating buyers are present at these levels.
2. Moving averages: A bullish crossover between EMA9 and EMA50 supports the short-term bullish outlook.
3. Liquidity: The 24-hour trading volume reached 13.16 million ESP, a solid volume that lends credibility to the move.
Expected scenario:
If the price manages to hold above 0.11200, it is likely to target 0.11800, followed by 0.12500.
If it pulls back, nearby support is at 0.10700, and a break below it could push the price toward 0.10300.
โ ๏ธ Disclaimer: This analysis is not investment advice, and the final decision is yours.
Do you expect the rally to continue?
#Espresso #ุชุญููู_ููู #esp #Crypto_Jobs๐ฏ #BTC
After a period of sideways trading, the coin has managed to regain some strength and is now trading at 0.11244 USDT, up nearly 6%.
Key technical observations:
1. Rebound: The price bounced from a strong support zone at 0.10013, indicating buyers are present at these levels.
2. Moving averages: A bullish crossover between EMA9 and EMA50 supports the short-term bullish outlook.
3. Liquidity: The 24-hour trading volume reached 13.16 million ESP, a solid volume that lends credibility to the move.
Expected scenario:
If the price manages to hold above 0.11200, it is likely to target 0.11800, followed by 0.12500.
If it pulls back, nearby support is at 0.10700, and a break below it could push the price toward 0.10300.
โ ๏ธ Disclaimer: This analysis is not investment advice, and the final decision is yours.
Do you expect the rally to continue?
#Espresso #ุชุญููู_ููู #esp #Crypto_Jobs๐ฏ #BTC
