$ESP
📊 Trade Setup
- Entry Zone: 0.05400 – 0.05500 (short entries on weak rebounds)
- Take Profit 1: 0.05200
- Take Profit 2: 0.05000
- Stop Loss: 0.05700
ESP is facing brutal selling pressure, collapsing over -11% in a single session. Momentum is decisively bearish, with price breaking down toward fresh lows. A failure to hold above 0.052 could trigger another wave of downside volatility.
🔎 Short Market Outlook
- Momentum: Heavy bearish momentum confirmed by sharp volume spikes and aggressive sell pressure.
- Trend: Short-term and medium-term trends remain downward, with sellers dominating across multiple time frames.
- Key Levels: Immediate support at 0.05200; breakdown exposes 0.05000. Resistance capped at 0.05700.
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