$ESP /USDT POST-PUMP CORRECTION — BEARS DOMINATE SHORT-TERM ⚠️
$ESP /USDT is trading at 0.06828 after a massive +145% surge. Price is flirting with MA(25) and MA(7), but MACD shows mixed signals (DIF < DEA slightly negative) and momentum is slowing after the parabolic move. Volume remains lower than peak breakout levels, suggesting buyer exhaustion. Short-term retracement toward support zones is likely before any continuation.
📉 Trade Setup (Bearish / Correction Play)
Entry Zone: 0.068 – 0.071
Take Profits:
• TP1: 0.062
• TP2: 0.058
• TP3: 0.052
Stop Loss: 0.074
📊 Short Market Outlook
Trend: Post-pump correction forming lower highs
Momentum: MACD weak; DIF slightly below DEA
Moving Averages: Price around MA(7) & MA(25), MA(99) overhead
Key Resistance: 0.073 – 0.081
Key Support: 0.062 → 0.058 → 0.052
Until price can reclaim 0.073–0.075 with strong volume, downside continuation dominates. Pullbacks are likely to remain aggressive given prior vertical spike.
$ESP #Crypto #USDT #Altcoins #TechnicalAnalysis
#Correction