📉 My SHORT Trade:
$ESP USDT Perpetual 🔴 Resulting 100% profit. Let's Earn Together 🤝 👇👇👇
The Espresso (ESP) token is showing signs of a "controlled downtrend" with lower highs and lower lows. After its recent surge, momentum is weakening as it struggles to stay above main moving averages.
📊 Trade Details:
Direction: SHORT 🔴
Leverage: 25x
Entry Price: $0.1394000
Current Mark Price: $0.1339480
🎯 Take Profit (TP) Targets:
TP1: $0.12850 (Secure initial gains near psychological support)
TP2: $0.11500 (Recent 24h low area)
TP3: $0.09400 (Previous major peak/now potential deep support)
🚫 Stop Loss (SL):
SL: $0.14550
Note: Placing the SL above your entry and recent local resistance to protect your current 100%+ profit.
💡 Trading Strategy & Risk Management:
Trailing Stop: Since you are already up +101.75%, I highly recommend moving your Stop Loss to Entry ($0.1394) immediately to lock in a "risk-free" trade.
Market Context: While ESP has shown "decoupled, high-beta behavior" recently, the broader market is under "sustained pressure from macro headwinds".
Supply Warning: Be aware that ESP has a low circulating supply (~14.5%), which can cause extreme volatility.
#esp #ESPUSDT #Espresso #CryptoSignals #ShortPosition