$ESP exploded to 0.09348 and then cooled off into a controlled pullback, printing a local low at 0.07239. The structure now shows a descending intraday channel with price stabilizing above short-term support. Momentum is slowing on the downside, and volume remains elevated — meaning volatility is still in play.
This zone around 0.072–0.073 is critical. Either we reclaim 0.076 and flip short-term structure bullish, or we lose 0.071 and open room for a deeper flush.
High risk. High movement. Precision required.
Trade Setup (Scalp Reversal Play)
Entry (EP): 0.07320 – 0.07400
Take Profit (TP1): 0.07600
Take Profit (TP2): 0.07980
Stop Loss (SL): 0.07080
Alternative Breakdown Setup
Entry (EP): 0.07090 (on confirmed breakdown)
Take Profit (TP): 0.06750
Stop Loss (SL): 0.07380
Key Levels to Watch: Resistance: 0.07600 / 0.08060
Support: 0.07230 / 0.07080
Momentum compression usually leads to expansion. $ESP is loading. Manage risk accordingly.
ESP
0.07307
-13.74%