$ESPORTS (1H) - Short Rejection


Bias: Short
Entry (Zone): 0.0532 - 0.0552
Targets:
TP1: 0.0488
TP2: 0.0442
TP3: 0.0395
Stop Loss: 0.0608
Why this Setup:
I’m looking for the recent bounce to fade after the sharp upside spike into resistance. Price has already shown rejection from the 0.057-0.060 area, and I want to short a weak retest if momentum stalls. The move still looks like a range breakout attempt rather than clean continuation, so I’m targeting a pullback toward the mid-range and prior support levels.
ESPORTS41.54%
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