Looking at the recent trend of ESPORTS, I have to say this wave of market movement is indeed something. The nearly vertical upward line on the candlestick chart clearly isn't the pace that retail investors' scattered orders can push—this is a typical sign of concentrated capital explosion entering the market.

Previously, the coin price had been consolidating at low levels for so long, and suddenly a surge like this not only directly cleared all short-term resistance levels but also left the medium- and long-term support lines far behind. The bulls are basically exploding in a crushing manner, with trading volume sharply increasing during the rally phase, reaching over 8 million USDT in 24-hour trading volume. This scale of volume clearly indicates that large institutions are actively accumulating.

**How to operate more safely?**

I really don't recommend chasing the high at this point. It's better to wait for a pullback to the $0.50-$0.51 range, try a small position to test the waters, or wait for it to retest recent key support levels before taking action—this approach is more stable.

For taking profits, first target $0.53, then aim for $0.55. If it can break the previous high, $0.58 is not a dream. Stop-loss should be set at $0.48; once it falls below this line, the short-term rally trend is likely to cool down quickly.

Honestly, ESPORTS's current rally is still in the emotional frenzy stage. Although the bullish momentum is quite strong, the short-term gains are so large that a correction risk definitely exists. As long as it doesn't break below the $0.48 stop-loss level, the bullish trend can still be optimistic, but absolutely do not go all-in chasing. For those looking to short, stay out of it at this point—such heavily crowded coins, operating against the trend is just sending sheep into the tiger's den.