【$ESP Signal】Pullback to Long + 1H Strong Consolidation, Main Force Clearly Protecting the Market

The 1H timeframe has experienced a massive rally yesterday and is now in a strong consolidation at high levels. The price repeatedly tests above 0.078, with the 1H EMA20 (0.0736) now serving as a strong support, and the current price (0.07827) is well above the 4H EMA20 (0.0712), indicating a solid short-term trend structure. The key points are: negative funding rate (-0.0059%) + Open Interest stable at a high level of $110 million + order book buy-side depth significantly dominant (depth imbalance of 13.5%), forming a typical "short squeeze" or "main force protecting the market" structure. The price refuses to dip deeply, waiting for the next momentum.

🎯Direction: Long $ESP Long(

🎯Entry/Order: 0.0775 - 0.0780 )Reason: 1H candlestick real body support zone, also the lower boundary of the current consolidation range (

🛑Stop Loss: 0.0750 )Reason: Break below the first 1H pullback low after yesterday’s rally at 0.07634, and break below the 4H EMA20 support (

🚀Target 1: 0.0820 )Reason: Previous high resistance level, also near today’s high (

🚀Target 2: 0.0850 )Reason: 1.618 Fibonacci extension level, based on recent volatility measurement (

🛡️Trade Management:

- Position suggestion: Light position )Reason: Hot Coin has high volatility, and a rally has already occurred, currently in a secondary game (

- Execution strategy: When the price reaches 0.0820, reduce position by 50%, and move the remaining stop loss up to the entry price of 0.0780. If the price cannot hold above 0.0800 and falls back to the entry zone, consider breakeven or small loss exit, avoid fighting the market.

Depth logic: Market logic indicates “Price rising, please combine position volume to determine whether it’s main force entering or shorts being squeezed out.” Data provides the answer: after a 13% surge, OI remains stable (not significantly decreasing), and buy-side depth is substantial, strongly suggesting new long-term capital inflow driven by main force, rather than purely short covering. The 1H RSI (62.7) is in a healthy slightly strong zone, with room for further upward movement. The core strategy now is “pullback to Long,” betting that after shaking out weak hands, the main force will launch the second wave of attack.

Check real-time market 👇 )
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