ESP/USDT is showing aggressive upside expansion on the 1H chart, with price breaking out of accumulation into a high-momentum rally.
• Price is trading around 0.08212 USDT, up 39.16% on the day, placing it among the session’s strongest gainers.
• Intraday range spans 0.05714 – 0.08567, reflecting extreme volatility following the breakout.
• On the 1-hour timeframe, price is trading well above EMA(9) at 0.07576 and EMA(15) at 0.07162, with EMA(9) positioned above EMA(15), confirming strong bullish alignment and momentum continuation.
• The rally originated from a flat accumulation zone near 0.06000, followed by a sharp vertical expansion beginning around 09:30 on February 18.
• 24h trading volume stands at 297.57M ESP (~$21.76M USDT), with a major spike in green volume during the breakout and gradually declining volume during consolidation, suggesting cooling momentum rather than immediate heavy selling.
• Immediate resistance sits at 0.08567 (24h high), while short-term support is forming around the 0.07570 – 0.07160 EMA band.
Overall, ESP remains structurally bullish on the 1H timeframe. However, after a near 40% vertical expansion, the asset is entering overextended territory, increasing the probability of short-term consolidation or a pullback toward dynamic EMA support before any continuation attempt.
