momentum expansion after base breakout
$ESP broke out cleanly from its base and accelerated higher with strong momentum. Price is currently extended after a sharp impulsive leg, suggesting a short pause or pullback before continuation.
Long $ESP (pullback preferred)
Entry: 0.1040 – 0.1070
SL: 0.0985
TP1: 0.1135
TP2: 0.1190
TP3: 0.1255
Price spent time consolidating around the 0.07 area before breaking higher, flipping short-term structure decisively bullish. The move was supported by expanding volume and strong EMA alignment, with price holding well above the fast EMA cluster. Recent candles show extension with minor upper wicks, indicating some profit-taking at highs. As long as price holds above the rising EMAs, downside reactions are likely to be shallow, and flow favors continuation higher after brief consolidation or a controlled pullback.
Trade here 👇 $ESP
