$ESP Trade Setup (Rejection After Pump)

🚀 $ESP gave a vertical pump, but price got rejected hard from the top.

A strong upper wick confirms distribution and selling pressure at highs.

Now the structure is shifting bearish with a lower high forming, which increases the probability of a pullback continuation move.

📌 Trade Call: SHORT $ESP

✅ Entry Zone: 0.0730 – 0.0750

🎯 Targets:

TP1: 0.0690

TP2: 0.0645

TP3: 0.0590

🛑 Stop Loss: 0.0790

📊 Market View

If price fails to reclaim the rejection zone, expect continued downside expansion as sellers remain in control.

$ESP

ESPUSDT

Perp

0.0851

+26.61%