$EPIC /USDT – Long Trade Setup
Current Price: $1.99
Entry Zone: Above $2.05
Target 1: $2.25
Target 2: $2.43
Stop Loss: Below $1.85
Trade Rationale:
Epic Chain ($EPIC ) is showing signs of recovery after bouncing from a recent low of $1.85. A breakout above the $2.05 resistance level could pave the way toward key resistance zones at $2.25 and $2.43. This setup offers a favorable risk-to-reward ratio for long positions. It's crucial to monitor volume and price action for confirmation of the breakout.
Technical Indicators:
Support Levels: $1.85
Resistance Levels: $2.05, $2.25, $2.43
Momentum: Positive, indicating upward potential
Trend Structure: Bullish, with recent higher lows and higher highs
Risk Management:
Place a stop loss below $1.85 to mitigate potential downside risk. Monitor for a breakout above $2.05 to confirm the bullish trend continuation.