$ESP /USDT is showing a classic "pump and dump" structure on the 1H chart. After a massive vertical spike to 0.08886, the momentum has completely stalled. 📉
* Price Action:
Aggressive retracement. We are currently sitting at 0.05950, down significantly from the local top.
* Trend: Price is trading below the EMA(7), signaling short-term bearish control.
* Volume: Massive exhaustion on the initial spike; current volume is drying up as interest fades.
* Order Book: 76% Buy vs 23% Sell suggests some "dip buying" support, but the chart is struggling to find a floor.
Verdict: High risk. Watch for a hold at 0.052 or a potential slide back toward the 0.027 launch zone. Don't chase the green candle; the gravity is real. 🛡️
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