【$ESP Signal】Pullback to Long + 1H Level Strong Consolidation, Powering Up for a Second Surge

The 1H level experienced a 41% violent rally, then entered a healthy pullback and high-level consolidation. Currently trading around 0.102, the 1H EMA20 $ESP 0.0974( provides strong support, and the 4H level has stabilized above EMA20 )0.0862(, maintaining an intact upward trend structure. Market buy depth is substantial (depth imbalance +3.18%), and open interest remains stable, indicating that major funds have not exited. This is a typical pattern of a strong coin in a rally continuation phase.

🎯Direction: Long )Long(

🎯Entry/Order: 0.1015 - 0.1025 )Reason: 1H candlestick retracement confirms support zone, closely aligned with dense support zone on the order book(

🛑Stop Loss: 0.0987 )Reason: Break below the 1H previous low and EMA50 support, also the ATR stop level(

🚀Target 1: 0.1075 )Reason: Previous high resistance level, also yesterday’s high area(

🚀Target 2: 0.1135 )Reason: 4H previous high resistance, break above to look for new highs(

🛡Trade Management:

- Position Size: Light )Reason: After a significant rally, volatility is extremely high; risk control is essential(

- Execution Strategy: Use staggered take profits. After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.1020. If the price strongly breaks through 0.1075 and stabilizes, consider targeting 0.1135 for the remaining position.

Depth Logic: After a sharp rise, open interest remains stable rather than declining, which is a strong bullish signal, indicating that it’s not just short covering but new long funds are entering. The 1H RSI )62( is pulling back healthily from overbought territory, preparing for another upward move. Market depth shows large buy orders below 0.102 (e.g., 28,232 contracts at 0.10199), forming a solid support wall. Combined with positive funding rates, market sentiment remains bullish but not overheated, suitable for targeting a second pulse after a pullback.

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