$ESPORTS SHORT SETUP – Bears Taking Advantage of the Rejection! 🐻📉
Entry: 0.01060 – 0.01075
TP1: 0.01020
TP2: 0.00980
TP3: 0.00930
Final Target: 0.00880
SL: 0.01130
Setup Logic:
$ESPORTS is trading around 0.010643 after a massive rally toward 0.012688, and the 1H chart is showing a sharp rejection with consecutive bearish candles.
As long as 0.01100 – 0.01130 acts as resistance, further downside toward 0.00980 – 0.00880 is possible.
A clean breakdown below 0.01020 could bring stronger bearish momentum and open the door toward lower targets.
If buyers reclaim 0.01130 with strong momentum, the bearish setup could be invalidated.
After such a massive pump, volatility remains high ... Use stop loss.
Trade on $ESPORTS here ...👇
Entry: 0.01060 – 0.01075
TP1: 0.01020
TP2: 0.00980
TP3: 0.00930
Final Target: 0.00880
SL: 0.01130
Setup Logic:
$ESPORTS is trading around 0.010643 after a massive rally toward 0.012688, and the 1H chart is showing a sharp rejection with consecutive bearish candles.
As long as 0.01100 – 0.01130 acts as resistance, further downside toward 0.00980 – 0.00880 is possible.
A clean breakdown below 0.01020 could bring stronger bearish momentum and open the door toward lower targets.
If buyers reclaim 0.01130 with strong momentum, the bearish setup could be invalidated.
After such a massive pump, volatility remains high ... Use stop loss.
Trade on $ESPORTS here ...👇
