$EPIC /USDT Market Update – Trend Analysis & Trade Setups
🚀 Current Price: $1.568 (-2.24% in the last hour)
📉 24h Change: -28.17%
📊 24h High: $2.260 | 24h Low: $1.390
🔥 Volume Surge: 12.9M EPIC | 21.15M USDT
📈 Market Analysis & Trend Prediction
🔍 Technical Overview:
The recent price action shows a strong downtrend, with EPIC/USDT struggling to regain momentum after a major price drop. The 1H chart displays multiple red candles, indicating strong selling pressure.
🔻 Bearish Sentiment
The price has fallen significantly from $2.26 to $1.56, a 28% drop in 24 hours.
The large red candle followed by lower highs suggests a continued bearish trend.
If $1.50 support breaks, we might see further downside towards $1.30-$1.35.
🟢 Bullish Scenario (Reversal Possibility)
If EPIC/USDT holds above $1.50 and breaks $1.70 resistance, a short-term rebound towards $1.85 - $2.00 is possible.
A volume surge with green candles could indicate a potential trend reversal.
📉 Trade Setups – Long & Short Opportunities
📌 SHORT Trade Setup (Bearish Bias)
🔻 Entry: $1.65 - $1.70
🎯 Target 1: $1.50
🎯 Target 2: $1.35
📉 Stop-Loss: $1.80 (to minimize risk)
Reasoning: Price is showing lower highs and struggling to break resistance. A further drop is likely if sellers remain dominant.
📌 LONG Trade Setup (Bullish Breakout Play)
🟢 Entry: Above $1.72
🎯 Target 1: $1.90
🎯 Target 2: $2.10
🚨 Stop-Loss: $1.55 (to limit downside risk)
Reasoning: If price breaks resistance and volume increases, we may see a strong recovery move.
📊 Final Verdict: BEARISH 📉
🔸 Trend: Bearish momentum is dominant unless bulls step in with high volume.
🔸 Key Levels: Support at $1.50, resistance at $1.70-$1.80.
🔸 Watch for: A breakdown below $1.50 for further downside OR a breakout above $1.70 for a bullish recovery.
⚠️ Disclaimer: This is not financial advice. Always do your own research before trading! 🚀💰