$ESP pushing vertically into resistance momentum looks stretched.
🔻 SHORT $ESP
Entry Zone: 0.1028 – 0.1045
Stop Loss: 0.1120
TP1: 0.0940
TP2: 0.0880
After a sharp impulsive move up, $ESP tapped into a key resistance/supply zone. However, continuation strength is fading and price is stalling near the highs instead of building a strong base above the breakout level — often a sign of short-term exhaustion.
As long as 0.1120 stays intact, the bearish setup remains valid. Rejection within the 0.1028–0.1045 area increases the probability of a pullback toward 0.0940. If downside momentum expands, 0.0880 becomes the next liquidity target.
A clean break and sustained acceptance above 0.1120 invalidates this short thesis.
Trade smart. Manage risk. 💛
ESP
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