🔥
$ESP : The Shakeout is Over – Buyers are Back! 🚀
If you were looking for a sign of strength, this is it. After a violent shakeout,
$ESP has shown its hand. The bears tried to push, but the market swallowed the sell-side liquidity instantly.
📉 Technical Analysis: Absorption > Distribution
The Bounce: The recent dip failed to find any follow-through. Instead of a breakdown, we saw aggressive bidding, signaling heavy accumulation/absorption at these levels.
Structure: Buyers are successfully defending the primary structure. As long as we hold this base, the path of least resistance is officially UP.
Momentum: Downside expansion has stalled. We are now looking for a clean squeeze toward the psychological 0.100 level.
📊 Trading Signal: ESP/USDT (Long)
⚡ Entry Zone: 0.080 – 0.083
🛡️ Stop Loss: 0.068
Take Profit (TP) Targets:
🎯 TP1: 0.092 (Immediate Resistance)
🎯 TP2: 0.100 (Major Milestone)
🎯 TP3: 0.112 (Moon Mission)
✍️ Note from Nabiha Noor
The "weak hands" have been shaken out, and the "smart money" is stepping back in. This looks like a classic setup for a continuation play. Remember: Trade the reaction, not the prediction.
Keep the Alpha Coming:
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$ESP wave!
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💬 Comment: Did you buy the dip or are you waiting for 0.090?
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