$ESP just printed a classic “pump then cool-off” move after exploding more than 170% in a short time. This dump is not a crash — it’s profit-taking. Early buyers, fast money, and momentum traders started selling near the $0.085–$0.089 zone, where price faced strong resistance. When aggressive buyers slow down and sellers dominate the order book, price naturally pulls back. This move flushed late FOMO entries and weak hands, which is a healthy behavior after a parabolic rally.

Right now, $ESP is in a digestion phase. Price is stabilizing near short-term demand while volatility remains high. If volume contracts and selling pressure weakens, this zone can act as a base for the next move. However, if panic selling continues, deeper consolidation is possible before any sustainable upside. Smart money usually waits for structure, not hype. Patience here is key — because real trends are built after corrections, not during emotional pumps.

ESPArbitrum
ESP
0.07479
+169.02%

#ESP #CryptoUpdate #BinanceSquare

#PumpAndDump

#FOMO