$ESIM has entered a cool-off phase ๐
Price is currently around $0.081, down nearly 34% from the recent high near $0.14. This move looks like a classic post-rally correction rather than a random dump.
On the 1H chart, ESIM has been making lower highs and lower lows, trading below short-term moving averages. Momentum has clearly slowed, and volume has tapered off โ a sign that sellers are losing aggression, but buyers havenโt stepped in strongly yet โ๏ธ.
Despite the pullback, the fundamentals remain notable:
๐ฐ Market Cap: ~$11M
๐ฅ On-chain Holders: 3,200+
๐ง Liquidity: ~$1M
Key levels to watch:
๐ข Support: $0.078โ$0.08
๐ด Resistance: $0.09โ$0.10
If this base holds and volume returns, a bounce is possible. For now, patience and confirmation matter ๐ง ๐
Is this accumulation or more downside ahead?