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$ESPORTS Market Price Immediately Short 📉
Entry Point: 0.45100-0.45800
Stop Loss: 0.46200 (Break below the recent high 0.46999, a key resistance)
First Target: 0.42800
Second Target: 0.40200
Price retraced from the high of 0.48000, breaking below the short-term moving averages MA5 (0.45334), MA10 (0.45789), and MA20 (0.45893), indicating a bearish alignment.
Trading volume significantly shrank after the rally, and volume-price divergence shows insufficient bullish momentum.
Price is below MA60 (0.45370), with clear short-term resistance.