$ESPORTS just fired a clean breakout candle, ripping back above the trend zone and flipping $0.41–$0.42 into support.
The move liquidated an estimated $1M+ in short positions clustered around $0.405–$0.410, a classic squeeze zone where liquidity thins and snapback wicks tend to explode upward.
Volume spiked aggressively — highest in weeks — signaling fresh participation and momentum shifting firmly back to buyers.
With MA(7) reclaiming MA(25), the chart is showing early signs of bullish re-accumulation.
Expect volatility to stay elevated as price pushes into the mid-range again.
EP: $0.428
TP: $0.468
SL: $0.402
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