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$ESP Explosive Rally Pullback Before Next Breakout?
$ESP has just delivered a massive momentum move, skyrocketing from around $0.027 to nearly $0.088 and gaining over +113% in a very short time. After such a sharp pump, the price is now cooling off near $0.059, showing a healthy pullback as traders take profits. Volume remains strong, which signals continued market interest despite short-term selling pressure.
Trade Setup:
Long Scenario (Pullback Buy): Buy Zone: $0.05500–$0.05950
Stop Loss: Below $0.04800
Target 1: $0.07200
Target 2: $0.08800
Short Scenario (High-Risk Counter Trade): Sell Zone: $0.08000–$0.08500
Stop Loss: Above $0.09050
Target 1: $0.06500
Target 2: $0.05500
Market Insight: The overall trend remains strongly bullish, but after such an extreme rally, volatility is very high. This phase typically becomes a battle between continuation buyers and profit-takers, which can cause sudden spikes and fake breakouts.
Risk Note: This is a fast-moving gainer coin expect sharp swings. Wait for candle confirmation before entering and always use strict risk management.
#ESP #CryptoTrading #TradeSignal #AltcoinGainers 📈
$ESP