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$ESPORTS Short sellers accelerate, on the edge of the cliff!
The 15-minute chart confirms a bearish trend. The key turning point occurs when the price touches 0.43889, and the trend-following line at 0.44322 shifts from support to resistance, firmly suppressing the rebound space! 🚨
MACD shows extremely weak momentum, with the negative histogram expanding in a "collapse" manner, indicating that bears are fully in control.
Currently, the price remains below the trend line with no signs of a valid rebound. The support below is dense but still far away, cautioning against further downside risk.
Market condition: Bearish trend accelerates.