Was $0.05 the Bottom?
ESP printed a sharp selloff into $0.051 — and what followed was aggressive demand.
From panic wick to impulse expansion:
📉 Capitulation into $0.05
📊 Volume spike on reversal
📈 Strong reclaim of $0.07
🔥 Expansion toward $0.09 liquidity
This wasn’t a slow grind up — it was a violent displacement move, the kind often seen at local bottoms.
Now the real question:
If $0.07 holds as support,
is the market pricing in a structural reversal?
Key levels to watch:
🟢 $0.07 → Short-term support
🟢 $0.09 → Local high liquidity
🟢 $0.10 → Psychological magnet
Bottoms aren’t confirmed by wicks.
They’re confirmed by higher lows and sustained demand.
Is $0.05 the floor — or just the first bounce?
#Binance #TRADE20 #ESP #BTC