$ESP After the explosive surge, it retraced 21%! People who entered at the current price of 0.0908 after the pump are probably fine, but those who chased at 0.12 half an hour ago have already started cursing. Source: CoinGecko real-time data.


Translation of the trade logic: This rally came from a certain market-maker address that, at around the early hours, concentrated buying and used 3 million USDT to place bid-side buy orders in a coordinated push. The trapped liquidity is concentrated in the 0.11–0.12 range. The current trading volume is 344M, but the turnover rate at the high level is abnormal, suggesting the main players are distributing while there’s disagreement in the market. My suggestion: buy at the current price of 0.0908 for an intraday rebound, set a stop-loss 0.085 below, take profit 1 at 0.10, and take profit 2 at 0.105. Keep your position size under 20%. This pump has no fundamental support.
Has the market already priced in the news? On-chain monitoring shows that address is still adding to its position, but the pace has clearly slowed down. Guess what happens next: the trapped-longs get liquidated and dump, or the main player pulls for a second round? Dare to place a bet on a direction in the comments? Follow me—run with it; it’s faster than you can shout “快三秒.”
ESP14.80%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned