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📊 $ESPORTS – Weekly Market Analysis#CryptoHacksHit207InH1WithLosses$972M $TSLAB According to the weekly chart analysis, when $ESPORTS first started its trading journey, the initial four weekly candles closed in red, reflecting early selling pressure and market uncertainty. Now, if we look at the most recent four weekly candles, we can observe a very similar pattern developing. These candles are also attempting to close in red, which could indicate that the market is completing another accumulation phase before a potential trend reversal. Another important point is that the market has already swept the lower liquidity zone, suggesting that weak hands may have been shaken out. Historically, after liquidity is grabbed and selling pressure begins to weaken, the probability of a bullish move increases—provided buyers step in with sufficient volume. Based on this price action and historical pattern, there is a possibility that the coming week could print a green weekly candle, signaling the beginning of a recovery. If momentum does not arrive immediately, then August could become the month where the next significant move begins, InshaAllah.

📊 $ESPORTS – Weekly Market Analysis

#CryptoHacksHit207InH1WithLosses$972M $TSLAB According to the weekly chart analysis, when $ESPORTS first started its trading journey, the initial four weekly candles closed in red, reflecting early selling pressure and market uncertainty.
Now, if we look at the most recent four weekly candles, we can observe a very similar pattern developing. These candles are also attempting to close in red, which could indicate that the market is completing another accumulation phase before a potential trend reversal.
Another important point is that the market has already swept the lower liquidity zone, suggesting that weak hands may have been shaken out. Historically, after liquidity is grabbed and selling pressure begins to weaken, the probability of a bullish move increases—provided buyers step in with sufficient volume.
Based on this price action and historical pattern, there is a possibility that the coming week could print a green weekly candle, signaling the beginning of a recovery. If momentum does not arrive immediately, then August could become the month where the next significant move begins, InshaAllah.
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