Distribution Under 0.19 Resistance on $ESP USDT Short Setup

$ESP delivered a strong impulsive rally but is now stalling beneath the 0.19 supply zone on the 15m structure. Multiple rejection wicks near 0.19 combined with lower highs suggest distribution after the sharp expansion. As long as price remains capped below 0.1900–0.1920, downside rotation toward the mid-range support becomes the higher probability scenario.

Short $ESP

Entry: 0.168 0.175

SL: 0.192

TP1: 0.160

TP2: 0.145

TP3: 0.127

Momentum is fading after the vertical move and buyers are struggling to print a clean breakout above resistance. If 0.160 gives way, acceleration toward deeper support can unfold quickly due to thin liquidity below the range.

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