Guys, look at this move. $ESPORTS has surged more than 125% in 24 hours, pushing toward $0.0223 after a massive breakout.
But here's my concern: price has already made a huge move, and a sharp correction could follow.
I'm watching these levels:
* Resistance: $0.0223 — the recent high.
* First support: $0.0162 — where a pullback could find buyers.
* Major support: $0.0128 — the previous breakout area.
If price pulls back and holds support, I'll watch for another bullish opportunity. But if sellers push it below $0.0162, a deeper correction toward $0.0128 becomes possible even below that.
I'm not chasing this rally. I'll wait for price to cool down and show a clear reaction at support before considering an entry.
Protect your profits, guys. Don't let FOMO make your decisions.
But here's my concern: price has already made a huge move, and a sharp correction could follow.
I'm watching these levels:
* Resistance: $0.0223 — the recent high.
* First support: $0.0162 — where a pullback could find buyers.
* Major support: $0.0128 — the previous breakout area.
If price pulls back and holds support, I'll watch for another bullish opportunity. But if sellers push it below $0.0162, a deeper correction toward $0.0128 becomes possible even below that.
I'm not chasing this rally. I'll wait for price to cool down and show a clear reaction at support before considering an entry.
Protect your profits, guys. Don't let FOMO make your decisions.
