$EPIC
Current price: $1.1648
24H change: +27.34%
24H high: $1.1958
24H low: $0.7819
RSI(14): 64.78
Bollinger Bands: Upper $1.2365 | Middle $0.9874 | Lower $0.7384
๐ข Bias: LONG โ preferably on a pullback
EPIC is showing a strong bullish structure on the 1H chart. Price is above the Bollinger middle band and making higher highs/higher lows. RSI at 64.8 confirms strong momentum without being deeply overbought yet.
However, price is close to the $1.1958 resistance/high, so chasing at $1.16+ has increased risk.
๐ฅ LONG Setup
Entry: $1.08 โ $1.13
TP1: $1.195
TP2: $1.236
TP3: $1.30 โ $1.35
Stop Loss: $1.02
Breakout setup: If EPIC gets a strong 1H close above $1.196 with good volume, a continuation toward $1.236โ$1.30 becomes more likely.
๐ด When to consider SHORT
A short becomes interesting only if EPIC strongly rejects $1.19โ$1.24 and then loses $1.08, especially with increasing selling volume.
Potential downside targets: $1.00 โ $0.987 โ $0.94.
๐ฏ Final view
LONG ๐ข > SHORT ๐ด
I would not chase the current candle after a +27% move. The better risk/reward is a pullback toward $1.08โ$1.13, or a confirmed breakout above $1.196.
Technical setup onlyโnot financial advice. Use disciplined position sizing and a stop-loss.
#epicfail #EPICUSDT