$ESP PARABOLIC MOVE SHOWING EXHAUSTION — SHORT SETUP

🔴 $ESP - SHORT | 📍Trade Plan:

Entry: $0.112 – $0.115

Stop Loss: $0.1260

TP1: $0.1030

TP2: $0.0940

TP3: $0.0860

TP4: $0.0780

TP5: $0.0700

Why this setup?

Price has rallied sharply, increasing the likelihood of profit-taking.

The move appears driven by momentum rather than a clear fundamental catalyst.

Loss of buying pressure near current levels could trigger a pullback toward lower support zones.

A move above the stop-loss level would invalidate the short-term bearish thesis.

Trade Management:

Consider taking partial profits at each target and move the stop loss to breakeven after a decisive move in your favor to protect gains.

trade here 👇