$ESP /USDT – Short Sell Setup (4H Timeframe)

🔴 Bias: Bearish rejection from major resistance

Resistance Zone: 0.0830 – 0.0890

Price has rejected a strong supply area and is now trading below the 0.0833 breakdown level — confirming bearish pressure.

📌 Entry Plan:

Sell Entry: 0.0730 – 0.0750 (look for a weak pullback or bearish candle confirmation)

🎯 Take-Profit Targets:

• TP1: 0.0650

• TP2: 0.0550

• TP3: 0.0410

🛑 Stop-Loss:

Above 0.0895 (above recent swing high / resistance)

📊 Setup Logic:

• Strong rejection from resistance

• Lower-high structure forming

• Volume fading after the pump → possible distribution phase

• High R:R potential (1:2+)

ESPUSDT | Perp

Current Price: 0.07495 (+27.03%)

#CryptoSetup #ESPUSDT #CryptoAnalysis #ShortSetup #BinanceFutures #PriceActionTrading #RiskManagement

ESP
ESPUSDT
0.07385
-6.89%