$ESP — High-Volatility Setup Ahead (Alpha Listing Soon) ⚠️📊
ESP has seen heavy selling after a sharp spike, and price is now reacting near 0.068–0.071 demand just ahead of the Alpha listing (~30 minutes).
🔍 Technical Read:
Strong rejection from 0.0919, followed by aggressive pullback
Price printed a local low near 0.0679 and is attempting a bounce
RSI deeply oversold (~14) → panic selling zone
MACD still bearish, momentum negative but selling looks stretched
EMAs overhead → trend is still short-term bearish
🔑 Key Levels:
Support: 0.068 – 0.070
Resistance: 0.075 → 0.082
Reclaim above 0.075 can trigger a volatility-driven bounce
Failure to hold 0.068 may lead to further downside
⚠️ Alpha listing = extreme volatility
Expect fast wicks, fakeouts, and sudden volume spikes. Trade only with tight risk control or wait for post-listing confirmation.
📌 This is a news + volatility play, not a confirmed trend reversal.
