$EPIC /USDT Strong bullish breakout price surged ~17.5%, closing at $2.288 after forming a bullish engulfing candle above resistance. Support now at $2.20–$2.28, resistance at $2.50, with price action suggesting upward momentum.
Fibonacci Levels:
The 61.8% retracement has been tested and held near $2.28, signaling a potential consolidation zone.
RSI:
RSI hit overbought levels around 73, currently sitting near 68, signaling strong momentum but caution for potential pullback.
Entry Zones:
Safer: Around $2.20–$2.25, near broken resistance and 20/50 MA breakout zone.
Aggressive: On dips toward $2.10–$2.15, close to earlier support and bullish engulfing base.
Take-Profit Zones:
TP1: $2.50, upper Bollinger Band and recent high zone.
TP2: $2.70–$2.80, targeting psychological resistance and further upside if bullish momentum continues.
Stop-Loss Ideas:
Conservative: Below breakout support at $2.15.
Tight: Just beneath entry—around $2.18 for the safer zone, or $2.08 if entering aggressively.