$ESP just delivered a strong move from 0.0585 → 0.0856 and is now trading around 0.0827.
Now the real question is 👇
Is this healthy bullish consolidation before the next leg up… or a lower high before correction?
Let’s decode it like a smart trader.
🔎 What The 15M Chart Is Saying
✅ Strong impulsive rally
✅ Price holding above MA(25) & MA(99)
✅ Higher low structure forming
⚠ Resistance near 0.0856 (recent high)
⚠ Slight consolidation under resistance
This looks like a bullish flag / continuation structure — but confirmation is key.
🎯 TRADE SETUP (Momentum Continuation Plan)
🟢 Bullish Breakout Trade
📌 Entry:
0.0840 – 0.0858
(Only after strong 15m candle close above 0.0856)
🛑 Stop Loss:
0.0795
(Below recent higher low & MA support)
🎯 Take Profit Targets:
TP1: 0.0900
TP2: 0.0940
TP3: 0.1000 (psychological level)
🔴 Alternative Pullback Entry
If price dips before breakout:
📌 Entry:
0.0780 – 0.0800 zone
🛑 Stop Loss:
0.0745
🎯 TP:
Retest of 0.0855 – 0.0900
📊 Why This Setup Makes Sense
✔ Strong trend structure (higher highs & higher lows)
✔ MA alignment bullish (7 > 25 > 99)
✔ Consolidation after expansion (healthy behavior)
✔ No major breakdown structure yet
⚠ Invalidation Level
If price closes below 0.0745,
structure weakens → bullish bias cancelled.
🧠 Trader Psychology Check
Are you:
Chasing green candles?
OR
Waiting for confirmation breakout?
Discipline builds accounts.
Emotions destroy them.
📢 Final Question
Will ESP break 0.0856 and continue toward 0.10?
Or are we about to see a liquidity sweep before drop?
Comment your bias 👇
Bullish 🟢 or Correction 🔴?
⚠ Educational content only. Always manage risk & position size properly.
#esp #KayiCrypto #BinanceSquareFamily