2025-11-13 19:46:42

What is going on with $ESPORTS ‌ ? Did someone just hit the dump button?

Okay, look at that chart. That is a textbook liquidation cascade.
We had a really clean consolidation up near $0.40, and then someone decided to nuke it all the way down to $0.21249. That's a brutal drop.
Now, the price action is showing an insane V-shaped recovery. We're back up to $0.338 and it's holding.
This recovery volume is HUGE. It tells me that a lot of people are buying the dip hard, probably covering shorts too.
The next move is simple: if we can hold this green candle structure and use $0.32 as support, we're likely heading back to re-test the $0.40 resistance area. If we lose $0.32, that recovery is done.
This is high volatility territory. Trade small and use strict stops.

#Esports #ETHReboundStarts

ESPORTS-1,03%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.