$ESP

ESPArbitrum
ESP
0.06467
+132.62%

/USDT – Long Trade Signal (Momentum Continuation)

Market Context

Strong breakout with ~175% move and heavy volume (417M ESP) → confirms momentum.

Price holding above intraday VWAP / key breakout zone.

📈 Trade Setup (Long)

Entry (Buy Zone): 0.0740 – 0.0770

Confirmation Buy: 15m close above 0.0780

Stop Loss: 0.0695 (below structure / demand)

Leverage: Spot or ≤5x (safer due to volatility)

🎯 Targets

TP1: 0.0800

TP2: 0.0880 – 0.0900

TP3 (Extension): 0.1000 – 0.1050 (only if volume sustains)

🧠 Trade Management

Book 30–40% at TP1

Move SL to entry after TP1 hits

Trail remaining with higher-lows on 15m

⚠️ Risk Notes

After a +175% run, pullbacks are normal. Avoid chasing if price spikes without consolidation.

If 15m closes below 0.0700, bias turns neutral → exit.

Bias: Bullish while above 0.0700

Timeframe: Intraday → 1–2 days

#hiracrypto