⚠️ $ESP /USDT SHARP CORRECTION – BEARS CONTROLLING BELOW 0.080!
$ESP /USDT has experienced a strong rejection from the 0.093–0.094 resistance zone and is now trading near 0.074, close to the daily low of 0.0727. After a steep drop of over 10%, price structure shows lower highs and sustained selling pressure. Unless 0.080 is reclaimed quickly, momentum favors continuation toward deeper support levels.
Currently, bears have short-term control while price stays below 0.080.
📉 Trade Setup (Short – Continuation Play)
Entry: 0.0735 – 0.0750
Stop Loss (SL): 0.0805
Targets (TP):
TP1: 0.0700
TP2: 0.0670
TP3: 0.0610
🔎 A confirmed breakdown below 0.0725 could accelerate selling toward 0.067.
📈 Alternative Setup (Long – Reclaim Play)
If price reclaims and holds above 0.080:
Targets: 0.090 → 0.094
📊 Market Outlook
Short-term outlook is bearish after the strong rejection from highs. Volatility remains elevated, and further downside is possible if support fails. A strong reclaim of 0.080 would be the first sign of bullish recovery.
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