Market Overview
$ESP is currently in a strong momentum phase after an aggressive intraday expansion. The move appears driven by short-term speculative demand rather than long-term structure change, which means volatility may remain elevated.
Key Support and Resistance
Support: 0.0690 – First demand zone after breakout
Major Support: 0.0645 – Structure protection level
Resistance: 0.0765 – Immediate supply barrier
Major Resistance: 0.0820 – Momentum continuation trigger
Next Move
If price holds above 0.0690, continuation toward higher resistance is likely. Losing that level may shift ESP into consolidation.
Trade Targets
TG1: 0.0765
TG2: 0.0820
TG3: 0.0890
Short-Term Insight
Expect fast moves and shallow pullbacks as traders rotate into high-beta assets.
Mid-Term Insight
Sustainability depends on whether volume remains after the initial surge.
Pro Tip
Never chase vertical moves. Let price retest support before entering.
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