Explosive breakout followed by strong continuation structure
$ESP Long
Trade Plan
Entry: $0.0860 – $0.0890
Stop Loss: $0.0790
TP1: $0.0950
TP2: $0.1020
TP3: $0.1100
Why this setup
Price delivered a powerful impulse move out of consolidation, breaking above the $0.0700 range with strong bullish momentum.
The follow-through shows buyers firmly in control with price now holding above the breakout zone near $0.0850 — a key area that flipped from resistance into support.
As long as price remains above $0.0820, continuation towards higher liquidity zones near $0.0950 and $0.1020 remains likely.
Breakdown below $0.0790 invalidates bullish continuation.
Debate
Is this the start of a sustained expansion phase… or will price revisit the breakout zone before continuation?
ESP
0.07376
-9.54%