Innlegg

$ESP ESPUSDT frame 1H – Buying perspective ● The current price is around 0.06496, increasing more than 5% in 24 hours. ● The appearance of a series of consecutive green candles with a spike in volume, indicating that the cash flow is strongly participating. ● The price has risen above the short and medium-term MA lines (MA5, MA10, MA20, MA30), the short-term trend signal is turning up. ● The nearest resistance area is 0.0656 - 0.0660 (24h peak). If this area is broken with a high sustained volume, the possibility of expanding the momentum will increase to 0.0680 - 0.0700. Reference purchase plan ● Buying and chasing is only suitable when the 1H candle closes above 0.0656. ● Or wait for the price to adjust to the area of 0.0630 - 0.0640 to have a better risk/return ratio. ● Cut loss below 0.0618. ● Take profit: 0.0680, 0.0700, further than 0.0720. Note: After 3 consecutive strong bullish candles, ESP is in a pretty hot state in the short term. Prioritize waiting for breakout confirmation or retest pace instead of FOMO at the current price area.