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$ESP vertical push into resistance — exhaustion signs forming.
🔻 SHORT $ESP
Entry Zone: 0.1018 – 0.1045
Stop Loss: 0.1120
Target 1: 0.0940
Target 2: 0.0880
$ESP made a sharp vertical expansion and tapped the upper resistance zone, but follow-through strength is fading. Price is stalling near the highs instead of consolidating above breakout structure — a typical sign of momentum exhaustion.
As long as 0.1120 remains unbroken, the bearish thesis stays intact. A rejection inside the 0.1018–0.1045 supply band increases probability of rotation toward 0.0940 first. If selling pressure accelerates, 0.0880 becomes the next downside liquidity pocket.
A strong reclaim and acceptance above 0.1120 would invalidate the short setup.
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