Something is brewing with $ESP and most people are looking the wrong way.
Check the 1h chart. We just came off a nasty dip to 0.065 and the recovery wasn't just a fluke. That steady staircase pattern we’re seeing now shows real buyers are stepping in every time it tries to breathe. We are currently hitting a heavy resistance zone near 0.089. If the volume keeps up like this, we could see a massive squeeze. But watch out, if it fails to flip this level, I’m looking for a retest of the 0.079 support to gather more liquidity. The order book is leaning heavily on the buy side (65%), so the momentum is definitely there. Just don't chase the green candles if you missed the entry at the bottom.
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Something is brewing with $ESP and most people are looking the wrong way.
Check the 1h chart. We just came off a nasty dip to 0.065 and the recovery wasn't just a fluke. That steady staircase pattern we’re seeing now shows real buyers are stepping in every time it tries to breathe.
We are currently hitting a heavy resistance zone near 0.089. If the volume keeps up like this, we could see a massive squeeze. But watch out, if it fails to flip this level, I’m looking for a retest of the 0.079 support to gather more liquidity.
The order book is leaning heavily on the buy side (65%), so the momentum is definitely there. Just don't chase the green candles if you missed the entry at the bottom.
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