$ESP /USDT just went live… and it didn’t walk, it teleported 🚀
ESP
0.06972
+150.79%
From 0.0278 low to 0.082 in one candle.
That’s a +190% launch move. Pure listing volatility.
Here’s the reality with new listings:
• First candle = liquidity hunt
• Early buyers take profit fast
• Late buyers get trapped at the top
Right now price is around 0.080–0.081 near the first spike high. This area usually acts as short-term resistance after an explosive open.
Smart approach:
If you’re not in → don’t chase green candles.
Wait for structure to form on 15m/30m.
Healthy pullback zones to watch: 0.065 – 0.055 area.
If it holds above 0.070 with consolidation, another push toward 0.090–0.100 is possible.
If it loses 0.065, expect deeper retrace toward listing base.
New listings = high reward, but extreme risk.
Trade small. Protect capital.