🚨
$ESP /USDT Launch Prediction – 50% Dump Confirmed! 🚨
When ESP Coin was launched and the price was making a top around 0.08886, I clearly mentioned that after the initial hype, this coin could see a 50% correction within a few days.
📉 And exactly as predicted, the market moved the same way.
The price dropped from around 0.088 to the 0.05–0.06 zone, confirming a 45–50% dump.
🔎 Why did this heavy correction happen?
🔥 Launch hype pump
💰 Early investors booked profits
📊 High volatility due to low liquidity
📉 Strong rejection from the resistance zone
This is a common pattern in newly launched coins:
Pump → Distribution → Sharp Dump → Base Formation
📊 Current Market Situation
The current price is trading around 0.063.
Now the market is trying to form a base slowly.
If the 0.057–0.055 support zone holds, we may see a short-term relief bounce.
But if this support breaks, further downside is still possible.
✅ Lesson:
Instead of entering trades due to FOMO at launch, it’s better to wait for proper structure and confirmation.
Smart money sells at the top — retail usually enters late.
As always:
Trade with structure, not emotion.
#esp #CryptoTrading #BinanceSquare
#PriceAction #MarketAnalysis #altcoins