$ESPORTS 🔥"ESPORTSUSDT is back in the game — after a stealthy breakout from ₹0.105, it's aiming for the leaderboard again. Is this the final round or just the warm-up?" 🎮📈
📊 Trade Setup Suggestion (Short-Term - 15m to 1h):
Trend: Strong breakout with healthy volume, now consolidating.
Support: ₹0.1308 Resistance: ₹0.1634 - ₹0.1678 Current Price: ₹0.1500 range
✅ Long Setup (Momentum Strategy):
Entry: ₹0.1485 – ₹0.1500 (on dip or small consolidation)
Targets:
TP1: ₹0.1580
TP2: ₹0.1640
TP3: ₹0.1675 (recent high)
Stop-Loss: ₹0.1395 (below the 50 MA and last pullback zone)
❌ Short Setup (Rejection Strategy):
Entry: ₹0.1620 – ₹0.1650 (if price rejects near resistance again)
Target: ₹0.1500 – ₹0.1450
Stop-Loss: ₹0.1690 (above wick high)
⚠️ Tips:
Watch for volume breakout above ₹0.1634 to confirm strength.
Use 15m/1h EMA crossovers as confirmation.
RSI/MACD on lower timeframes shows momentum cooling — wait for reversal signal or bullish crossover.
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🔹 Risk/Reward Ratio: ~1:2 to 1:3 🔹 Confirmation: Only enter if price gets rejected from 0.133 area with a bearish candle (e.g., shooting star or bearish engulfing)
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✅ LONG Setup (Only for Reversal Traders)
If you're looking to catch a rebound, wait for a solid reversal confirmation:
Entry (Long): Only if price breaks and holds above 0.136 USDT (above 15m MA25 & resistance zone)
Stop Loss: Below support at 0.130 USDT
Target 1: 0.145 USDT (near MA levels)
Target 2: 0.155 USDT (short-term moving average resistance)
🔹 Risk: Higher due to overall trend 🔹 Note: Use small position size for this type of trade unless momentum shifts visibly
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📊 Indicators Suggest:
Volume: Increasing on red candles — sellers in control
RSI: Likely oversold on lower timeframes but not reversing yet