$ESP is currently showing price compression just above a key support level, indicating that the market is consolidating.
Buyers appear to be stepping in, preventing further downside, which is creating a tightening range.
This kind of compression often acts like a spring momentum is being stored as volatility contracts.
Once the market absorbs this pressure, it sets the stage for a potential expansion or breakout move.
If buying pressure continues to build, we could see a strong upward thrust as the market looks to test previous highs or resistance zones.
{future}(ESPUSDT)
Entry (Long): 0.060 – 0.061
SL: 0.056
TP1: 0.066
TP2: 0.071
TP3: 0.078
#esp