If you missed the entry on $ESP ‌ yesterday, you’re probably hurting right now.

This thing just went on a vertical tear from $0.07 all the way up to $0.113. It’s sitting at $0.106 now and everyone is wondering if this is the top or just a pit stop.
Looking at the 1h chart, the volume on that breakout was massive, but we’re starting to see some exhaustion wicks at the local high. The order book is slightly leaning towards the buyers at 53%, but the spread is tight.
I’m watching the $0.096 level as the first major support if we pull back. If it holds there, we might see another leg up to test that $0.115 resistance again. If it fails, that pump might get erased just as fast as it happened.
I’m not FOMOing in here. Waiting for a consolidation range to form before even looking at a trade.

#WhenisBestTimetoEntertheMarket