2026-02-21 20:55:16

$ESP

/ USDT — 4H
ESP is trading around $0.0835, but price is sitting just below a short‑term high at $0.0950. The chart shows price losing momentum at the top and potentially preparing for a deeper retracement into a key demand zone.
Key Levels
$0.06219 — main demand POI where I want to see price retrace
$0.0835 — current price, sitting mid‑range
$0.0950 — recent high and target if price tap the $0.06219 level as my enter
Trade Idea
The structure is straightforward: $ESP has pushed into resistance and is now showing signs of exhaustion. I’m watching for a corrective move back into the $0.06219 POI, which aligns with the clean demand zone on the chart. That’s where I’ll be looking for a potential buy setup once price stabilizes and shows strength again.
📊 Insight: The move into resistance followed by a projected pullback suggests the market may need to reset before any continuation. A reaction from the $0.06219 zone would offer a more favorable entry with defined risk and better upside potential.
‍#ESP #CelebratingNewYearOnGateSquare

ESP2%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes