$ESP/USDT TECHNICAL ANALYSIS: BEARISH REJECTION AT LOCAL RESISTANCE $ESP

​MARKET OVERVIEW

​The chart displays a clear bearish breakdown after an initial failed attempt to sustain prices above the 0.19800 level. Following a sharp spike, the price has formed a series of lower highs and lower lows, indicating that the bulls have lost control. The current price action is hovering near the lower boundary of its recent range, showing persistent selling pressure and a lack of significant buyback volume.

​Take Profit 1: 0.15850

​Take Profit 2: 0.15225

​Take Profit 3: 0.14500

​Stop Loss: 0.17650

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