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【$ESP Signal】Short squeeze + bullish pursuit inside the 1H rising channel
$ESP Funding rate is deeply negative at -0.1576%, with longs paying shorts’ costs. The upper Bollinger band on the 4H chart has already been broken, but the order book’s visible bid/ask depth shows active support around 0.11224. On the 1H MACD histogram, bars have shrunk, but RSI 77 is not in an extreme zone— the market is still pushing upward.
🎯 Direction: Go long
⚡ Entry/Limit orders: 0.1119033 - 0.1122400
🛑 Stop-loss: 0.1111176
🚀 Target 1: 0.1139236
🚀 Target 2: 0.1147654
🛡️ Trade management:
- Strategy: After reaching Target 1, cut the position by 50%, and move the stop-loss up to break-even. If price falls back to the entry level, exit automatically to protect the principal.
A negative funding environment combined with consecutive bullish candles; a short liquidation could drive an acceleration. Risk-reward ratio is 1.5—worth a shot.
View live market 👇 $ESP
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#直通IPO第二期JerseyMikes #长鑫今日上市成交901亿 #ETH重返1900美元