I’m not shorting ESPORTS just because I expect a dump. I want to see support break first, ideally with strong selling volume. Until then, I’m waiting.

Here’s what I’m watching.

If ESPORTS breaks below its recent support and fails to reclaim that level on a retest, I’ll start looking for a short entry. A breakdown alone isn’t enough. I want price action to confirm that sellers are in control.

I won’t make up entry or target prices without a verified chart. The plan is simple: wait for confirmation, place a stop above the level that invalidates the setup, and look toward the next support zones for potential take-profit areas.

But there’s a catch. A sudden wave of buying could trigger a short squeeze and push the price higher, catching impatient sellers off guard. If $ESPORTS reclaims resistance and holds above it, I’ll reconsider the short rather than stubbornly stick to my prediction.

I’m also keeping an eye on trading volume, market structure, and BTC’s direction. Even a promising setup can fail when the broader market moves against it. There’s no reason to risk too much on a single trade.

Am I certain a brutal dump is coming? No. My bearish view depends on sellers breaking support and maintaining pressure. If buyers step in and reclaim resistance, that thesis could fall apart quickly. I’d rather miss an entry than force a bad trade.

So, what are you watching on ESPORTS? Are you waiting for a breakdown to short, or do you think buyers will turn the tables?

Proposed widget: Add a verified $ESPORTS candlestick chart highlighting recent support, resistance, trading volume, and potential short-entry zones.

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