Hold up, traders — don’t rush into this one.
$ESP surged strongly, but on lower timeframes we’re seeing rejection and weak bounces. The chart is forming lower highs after the spike, keeping selling pressure dominant.
📉 Bias: Bearish (short setup)
Entry Zone: 0.0645 – 0.0660
Stop-Loss: 0.0720
Targets: 0.0600 | 0.0565 | 0.0520
As long as price remains under 0.070 and continues printing weak candles, further downside looks likely. Respect the momentum, manage your risk, and stay disciplined.
#ESP #CryptoShort #BearishSetup #AltcoinTrading #RiskManagement