$ESP is currently undergoing a sharp correction, trading at 0.16244 after a steep 17.31% drop. The 4-hour chart shows the price slipping below the MA(7) of 0.17302, following a rejection from its recent high of 0.22775. While it remains well above the MA(25) at 0.11379, the current bearish momentum and red candles suggest that traders should watch for support near the previous breakout levels.