$ESPORTS Last night it surged from just over 0.01 to 0.0225, then failed to hold and got slammed back down by a long bearish candle. It’s still up 34% over 24 hours, with volume just over 700 million, but it has already retraced more than 30% from the high.
RSI fell from 83 back to around 50, while funding remains slightly positive. Volume peaked at 01:00, followed by a long bearish candle on heavy volume at 05:00—this looks more like a short squeeze followed by distribution than a sustained rally. The current price is below the MA20, and rising support has also been broken.
The key level is 0.015; if it can’t hold, the next drop could be ugly. To turn bullish, the price needs to get back above 0.018 at minimum. Not investment advice.
$ESPORTS #合约 #K-line
RSI fell from 83 back to around 50, while funding remains slightly positive. Volume peaked at 01:00, followed by a long bearish candle on heavy volume at 05:00—this looks more like a short squeeze followed by distribution than a sustained rally. The current price is below the MA20, and rising support has also been broken.
The key level is 0.015; if it can’t hold, the next drop could be ugly. To turn bullish, the price needs to get back above 0.018 at minimum. Not investment advice.
$ESPORTS #合约 #K-line
