🚨 $ESP just lost a critical level — and sellers are stepping in.

🔴 SHORT $ESP

ESP
ESPUSDT
0.05985
+8.30%

Entry: $0.05490 - $0.05500

SL: $0.05800

TP1: $0.05270

TP2: $0.05100

TP3: $0.04950

Price has broken below EMA(50) at $0.05722 after failing to hold support, with EMA(20) at $0.05483 now acting as weak resistance. The structure shows lower lows forming, with momentum accelerating to the downside. The rejection from the 24h high was sharp, and each bounce attempt is getting weaker.

Invalidation is a daily close back above the EMA(50) at $0.05725, which would signal a potential reclaim of support.

Are you shorting this breakdown or waiting for a retest of broken support?