📉 VERTICAL REJECTION! Espresso ($ESP ) Reverses at Key Resistance: Short Setup! [SHORT]
⚡ TRADE EXECUTION (ESP/USDT Perpetual)
📉 ENTRY ZONE: $0.0765 – $0.0820
🛑 STOP LOSS (SL): $0.0950 (Above the recent 24h high/supply zone)
🎯 TARGET 1: $0.0635
💰 TARGET 2: $0.0567 (Previous consolidation floor)
🔥 WHY WE ARE SHORTING ESP
Espresso (ESP) has staged a massive parabolic rally on the 1-hour timeframe as of February 19, 2026, but the technical structure is now flashing aggressive "blow-off" and reversal signals:
Parabolic Resistance Rejection: The price surged nearly 60% to 70% from its base near $0.0567, hitting a peak of $0.0944. It is currently facing a sharp rejection at this multi-day high, forming a series of lower highs and heavy red "engulfing" candles on the 1-hour chart.
MACD Bearish Crossover: On the 1-hour timeframe, the MACD has just completed a bearish crossover, with the DIF line dropping below the DEA line (DEA: 0.00474 vs DIF: 0.00265). The histogram has also flipped to the red (negative) side, confirming that the upward momentum has broken.
Extreme Market Fear: Broad crypto market sentiment remains pinned in "Extreme Fear" (Index Score: 8–10). Parabolic moves in low-cap assets like ESP during high-fear periods are frequently used as "exit liquidity" for large holders, leading to rapid mean-reversion crashes.
Volume Exhaustion: The peak at $0.0944 was met with a significant volume spike, which often signals a "buying climax". Since then, volume on the downward moves has increased, while recovery attempts are on thinning volume, indicating that sellers are now in control.
Technical Gap Retest: ESP is currently trading well above its long-term support levels. A retracement to retest the original breakout zone near $0.0567 is the most likely technical outcome if the current support at $0.076 fails to hold.
Is the Espresso rally cooling down, or is $0.10 the next target? 👇
