I'm closely monitoring $ESPORTS and currently the price structure looks very unpositive.

After the recent rebound, the price was strongly rejected at the upper zone and started forming lower highs (lower highs).
To me, this is a clear sign of a continuing downtrend, not just a short-term correction.
Each bounce is weaker than the previous one – buying pressure is not convincing enough.
From my personal perspective, I prefer the short scenario when the price retraces to the 0.34 – 0.36 zone.
This is the area I assess could see selling pressure reappear if the downtrend structure remains intact.
My plan:
⟶ Entry: 0.34 – 0.36
⛔ Stop Loss: 0.49 (above the most recent structure break)
• TP1: 0.30
• TP2: 0.27
• TP3: 0.24
I pay special attention to the 0.30 level because if it breaks, market sentiment could shift to a more pronounced bearish state.
At that point, 0.27 and 0.24 are no longer distant targets.
However, I still manage risk tightly.
If the price breaks above 0.49 and maintains a higher structure, I am ready to accept failure and stay out.
The market doesn’t need me to be right – I just need to survive long enough to capitalize on high-probability setups.
{future}(ESPORTSUSDT)