$ESP whales already played the first push and now liquidity games are starting.

That insane pump came from fresh listing hype + heavy breakout from compression. RSI already overheated, and you can see sellers defending the top, meaning early buyers are unloading bags.

I’m not chasing this price. I’ll only think about investing if price cools down and holds around the 0.060 – 0.065 zone. That’s the first clean spot level where buyers might step back in and risk becomes manageable.

If price reclaims and holds above 0.082, then momentum continuation can send it toward new highs and that’s where breakout trades can print profit. But if it loses 0.060, then expect deeper pullback and I stay out.

Right now I’m just watching how price reacts at these levels and trying to understand whether smart money is accumulating again or just distributing.

$ESP

ESPArbitrum
ESP
0.0786
+182.73%