$ESP /USDT — Pro Trader Update
Market Overview
ESP just printed a vertical expansion move from ~0.0278 → 0.0821 in a single impulse leg — classic momentum breakout driven by liquidity influx and FOMO volume.
Now price is consolidating around 0.0758, forming small-bodied candles after the spike. This indicates early distribution or cooldown rather than immediate continuation.
Volume burst confirms participation — but after parabolic moves, pullbacks are statistically common.
Current structure:
Trend: Short-term bullish
Condition: Overextended
Phase: Consolidation after impulse
Key Support Zones
0.0720 — Immediate support
First buyer reaction area
0.0600 — Strong support
Breakout retest zone
0.0485 — Critical support
Loss of momentum below here
Key Resistance Zones
0.0820 — Local high
Needs breakout for continuation
0.0850 — Momentum trigger zone
0.0950 — Psychological resistance
Next Move Expectation
Two probable paths:
Bull Continuation Scenario
Hold above 0.072
Volume returns
Break 0.082 → continuation leg
Cooldown Scenario (Higher Probability)
Gradual pullback toward 0.060
Base building before next leg
After parabolic candles — markets typically reset before continuation.
Trade Targets (Momentum Setup)
If holding support:
TG1 — 0.082
TG2 — 0.090
TG3 — 0.100
