$ESP /USDT just reminded everyone how fast sentiment can flip.

Current price: 0.07580

Up 14.55% in 24 hours

24h High: 0.09500

24h Low: 0.06536

Volume: 541.46M ESP traded — that’s serious participation.

But here’s the real story.

On the 15m chart, ESP wicked all the way to 0.09348 and then sold off hard. That wasn’t random — that was profit-taking at emotional highs. Since then, price flushed to 0.07239 and is now trying to stabilize.

MA structure:

MA(7): 0.07555

MA(25): 0.07695

MA(99): 0.08160

Short-term MA is trying to curl up, but price is still below the 25 and 99. This is a recovery attempt, not a confirmed trend reversal. Bulls need to reclaim the 0.077–0.081 zone with strength. Otherwise, this becomes a lower high in a broader pullback.

The spike to 0.095 showed there’s appetite. The pullback showed there’s fear. What happens next will decide if that high was distribution… or just the first warning shot.

Right now, this chart feels tense. Not dead. Not safe. Just waiting for conviction.