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🔴 Facing sellers – a bearish reversal looms on the horizon! 🦈
📍 Entry point: 0.0935 ⚡
🎯 Target: 0.0890 🚀
🛑 Stop-loss: 0.1010 ⚠️
📉 After a strong rally, $ESP rebounded sharply from the previous swing high, as selling pressure absorbed every attempt to rise.
📊 High trading volume on the rejection candle points to clear institutional distribution— the same area that formed resistance in March, and is now a strong supply zone.
💡 The price is still below 0.0940, and weak rebounds suggest continued downside.
The technical structure indicates a liquidity hunt toward demand zones at 0.0820–0.0750 in the coming sessions.
💬 Are you expecting a retest of the supply zone, or do you prefer to wait for a clear break below 0.0890? 👇
⚠️ Disclaimer: This is not investment advice. Always manage your risk. 🛡️
🏷️ $ESP #ESP #ShortSetup #Bearish