๐ Espresso Token (ESP) โ Technical Breakdown
Current Price: $0.0042
24h Change: +8.3%
Market Cap: $1.2M
๐ Quick Analysis
ESP is showing **bullish momentum** after breaking key resistance at $0.0038. Price is consolidating near $0.0042, testing this zone as new support.
Key Levels to Watch:
๐ Resistance: $0.0048 โ $0.0052
๐ Support: $0.0038 โ $0.0035
๐ก What's Happening?
Strong volume spike in the last 48 hours
Price holding above the **20 EMA** on the 4H chart
Bulls defending the $0.004 psychological level
If ESP closes above $0.0045 today, we could see a push toward **$0.005** in the short term. A rejection here may lead to retest of $0.0038 support.
โ ๏ธ Risk Management
Not financial advice. Always manage your risk and use stop losses. DYOR before entering any position.
What's your take on ESP? Bullish or correction incoming? Drop your thoughts below! ๐
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