🚨 $ESPORTS is showing the kind of breakout structure that can quickly change the trend narrative.
After spending several sessions consolidating below $0.0110, It has pushed sharply higher with a major expansion in volume. The move has reclaimed the $0.01085 area and is now trading around $0.01196, putting the price directly below the key $0.01297 resistance.
Long Trading Plan:📊
Entry Zone: $0.01085 – $0.01120
Target 1: $0.01297
Target 2: $0.01460
Stop Loss: $0.00968
The interesting part isn’t simply the +21% move; it’s the combination of the breakout candle and the sudden volume expansion behind it. That suggests the market is seeing significantly more participation than during the previous consolidation. If $0.01085 holds as support on a retest, the structure remains constructive and another push toward $0.01297 becomes technically relevant. A clean breakout above $0.01297 could open the way toward $0.01460, while losing $0.01085 would weaken the immediate bullish structure. I would focus on how price behaves after the initial breakout rather than chasing the large candle.
Keep an eye on $BTW & $QNT also guys.👀
#esports #QNT #BTW #FutureTradingStrategy
After spending several sessions consolidating below $0.0110, It has pushed sharply higher with a major expansion in volume. The move has reclaimed the $0.01085 area and is now trading around $0.01196, putting the price directly below the key $0.01297 resistance.
Long Trading Plan:📊
Entry Zone: $0.01085 – $0.01120
Target 1: $0.01297
Target 2: $0.01460
Stop Loss: $0.00968
The interesting part isn’t simply the +21% move; it’s the combination of the breakout candle and the sudden volume expansion behind it. That suggests the market is seeing significantly more participation than during the previous consolidation. If $0.01085 holds as support on a retest, the structure remains constructive and another push toward $0.01297 becomes technically relevant. A clean breakout above $0.01297 could open the way toward $0.01460, while losing $0.01085 would weaken the immediate bullish structure. I would focus on how price behaves after the initial breakout rather than chasing the large candle.
Keep an eye on $BTW & $QNT also guys.👀
#esports #QNT #BTW #FutureTradingStrategy
