ESPUSDT Market Overview
ESP/USDT recently printed a strong impulsive rally, moving aggressively from the 0.10 region toward 0.22. That kind of vertical expansion usually signals:
Heavy momentum participation
Liquidity sweep above previous highs
Strong short-term speculative interest
After touching the 0.227 high, price has entered a cooling-off phase, consolidating between roughly 0.17 and 0.20.
This phase is critical. It determines whether:
The coin continues its bullish expansion
Or transitions into a deeper corrective pullback
Technical Structure Analysis
1️⃣ Trend
On the 1H timeframe:
Higher highs and higher lows are intact.
Moving averages are still angled upward.
Price remains above key mid-term support (~0.165–0.17).
This confirms the structure is bullish unless proven otherwise.
2️⃣ Key Levels
Major Resistance Zones
0.195 – 0.20 (immediate resistance)
0.227 (recent high)
0.24+ (extension level if breakout continues)
Major Support Zones
0.17 (short-term demand zone)
0.165 (structure support)
0.155
0.14 (deeper retracement zone)
LONG SETUP (Bullish Scenario)
The overall structure favors longs as long as support holds.
Setup A – Breakout Continuation (Safer)
Entry:
4H or strong 1H close above 0.20
Stop Loss:
Below 0.185
Targets:
TP1: 0.21
TP2: 0.227 (previous high)
TP3: 0.24 – 0.25 (momentum extension)
Reasoning:
A clean break above 0.20
