ESPUSDT Volatility Spike = Opportunity or Trap?
ESP
0.0699
+151.43%
just printed a massive volatility candle, jumping to 0.0919 and then dumping over 20% in hours. This is usually a sign of manipulation + liquidity hunt.
Right now:
Price below short-term MAs
Volume expanding
Panic selling visible
This means the market is not trending — it’s hunting stops.
Scalpers and range traders will thrive here, but trend traders should wait for structure to rebuild.
🎯 Trade idea:
Watch for a higher low above 0.068 for bounce setups
Watch for a clean break below 0.067 for continuation shorts
Remember: Big moves don’t mean safe trades — they mean high risk & high reward