🚀 $ESP Melon jumped 42%!
Overbought or Continue to Rise?
ESP/USDT is currently at **$0.10484** after a strong rally from the lowest level of $0.07210. The indicators show bullish momentum:
· Price above EMA 21 ($0.08425) and EMA 50 ($0.07734)
· Positive MACD (0.00303)
· However, RSI(6) at 78.57 indicates overbought area.
📌 Target: Retest daily high $0.11363, break to $0.1168 if bullish continues.
📌 Support: $0.08924 (consolidation) and $0.07549 if correction occurs.
Beware of potential short-term corrections due to high RSI. Monitor price action at resistance levels.
Disclaimer: Not financial advice. Do your own research!