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【$ESPORTS Signal】1H sell pressure is increasing—wait for a pullback to buy.
$ESPORTS 1H saw three consecutive bearish candles; after testing the low at 0.7393, the rebound lacked strength. The 4H MACD histogram is narrowing, and upward momentum is weakening. The order book Buy/Sell ratio is 0.36, with sell orders clearly dominating. The current price at 0.763 is near the upper edge of the range; short-term buy-side follow-through is weak, so it’s mainly a wait-and-see situation.
🎯 Direction: Long (place orders on a pullback)
⚡ Entry/Order: 0.702 - 0.710
🛑 Stop loss: 0.642
🚀 Target 1: 0.821
🚀 Target 2: 0.880
🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50% and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
Depth logic: The 4H Bollinger Band upper band at 0.7903 is acting as resistance. The 1H RSI near 50 shows no divergence, so we need to wait for a deeper pullback to release selling pressure. The funding rate at 0.005% is normal, with no squeeze risk. Be patient—wait for the setup.
View real-time market 👇 $ESPORTS
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