avatarChartKing
avatar

I've seen this pattern so many times.


$ESPORTS at $0.0368, up 35.79%. Big green candle. Everyone gets excited. Then the dump comes.


The pump happened on decent volume, but I don't see any reason for it to continue. The name itself is a narrative play – esports – but narratives fade fast.


My approach:


· Short: 0.0365 – 0.0370

· Stop: 0.0385

· Targets: 0.0350 → 0.0335 → 0.0320


If it breaks $0.0385, I'd reassess. But I think this one is a short.


Not financial advice – just my observation.

#Ethlabs launches for Ethereum research #Memory demand outpaces production #BTC near key support zone

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comments (2)