$EPIC Breakdown Reversal or Dead Cat Bounce? Time to Watch This Level Closely
EPIC has bounced slightly off its recent low, now trading at $0.793 with a 7% recovery. But don’t let the green fool you just yet—this move is hovering under key resistance, and bulls still need to prove themselves.
Price Snapshot:
• Current Price: $0.793
• 24H High/Low: $0.846 / $0.725
• Daily Change: +7.02%
• Volume: 4.76M – Showing some signs of re-entry interest
Key Levels to Watch
Resistance:
• $0.810 – The first line of fire. A break above this range might trigger a relief rally.
• Target 1: $0.825
• Target 2: $0.840
Support:
• $0.780 – This level held the last dip. If it breaks again:
• Target 1: $0.765
• Target 2: $0.740
Trade Setup
Bullish Scenario:
Entry: Break above $0.810
Targets: $0.825 and $0.840
Stop-Loss: Below $0.785
Bearish Scenario:
Entry: Drop below $0.780
Targets: $0.765 and $0.740
Stop-Loss: Above $0.805
EPIC is at a make-or-break spot. A push through resistance could revive buyer confidence. But a failure here? That might be the end of this bounce. Keep your eyes locked on the $0.810 pivot.