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ESPORTS recent trend has shown clear bearish signals. From a technical perspective, the MACD indicator has already formed a death cross, and the price pulled back after a rally. This combination of signals is quite classic — basically the standard setup for a short-term top.
Regarding key levels, the 0.54 threshold is currently under significant pressure. Multiple attempts to break through have been pushed back, indicating that the bulls are clearly losing strength here. Based on the current price, the opportunity to go short has already emerged.
The target is set at the support zone around 0.45. If the price can fall to that level, the downside profit potential is quite good. This level is an important previous support, and whether it can hold will reveal a lot.
Market opportunity windows won't last forever. With such obvious technical signals in front of you, missing them means waiting again.