🔥 $ESP / USDT — Post-Spike Cooling Alert ⚡

$ESP just printed a massive 170%+ vertical candle and now is forming small red candles under $0.08 — classic profit-taking / post-spike cooling phase. Rapid pumps like this rarely hold without a deeper pullback.

Trade Setup (Short / Pullback Play):

⚡ Entry Zone: $0.076 – $0.080

🛑 Stop Loss: $0.089 (above spike high)

🎯 Targets:

TP1: $0.065 (fill short-term imbalance)

TP2: $0.055 (deeper correction zone)

Why this setup:

✅ Vertical moves often need to retrace before continuation

✅ Small red candles indicate sellers testing control

✅ Structure favors cautious short-term play, not chasing tops

💡 Tip: Wait for clean reaction in entry zone before taking position. Volatility is extreme — manage risk carefully.

#ESP #CryptoTrading #Pullback #RiskManagement

ESPArbitrum
ESPUSDT
0.06548
-16.77%