đĽ $ESP / USDT â Post-Spike Cooling Alert âĄ
$ESP just printed a massive 170%+ vertical candle and now is forming small red candles under $0.08 â classic profit-taking / post-spike cooling phase. Rapid pumps like this rarely hold without a deeper pullback.
Trade Setup (Short / Pullback Play):
⥠Entry Zone: $0.076 â $0.080
đ Stop Loss: $0.089 (above spike high)
đŻ Targets:
TP1: $0.065 (fill short-term imbalance)
TP2: $0.055 (deeper correction zone)
Why this setup:
â Vertical moves often need to retrace before continuation
â Small red candles indicate sellers testing control
â Structure favors cautious short-term play, not chasing tops
đĄ Tip: Wait for clean reaction in entry zone before taking position. Volatility is extreme â manage risk carefully.
#ESP #CryptoTrading #Pullback #RiskManagement âĄ
