$EPIC /USDT Perpetual Trading Analysis
๐ Current Price: $1.2564 (-1.84%)
๐ 24h High/Low: $1.2991 / $1.1503
๐ 24h Volume: 9.62M EPIC / 11.90M USDT
๐ Mark Price: $1.2569
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๐ Market Insights
Minor decline of 1.84% in the last 24 hours.
Strong support near $1.1503, indicating possible reversal.
Moving Averages show mixed trends:
MA(7): $1.2640 (Short-term resistance)
MA(25): $1.2197 (Support)
MA(99): $1.2384 (Long-term trend support)
Resistance Levels:
$1.2640 - Immediate resistance (Needs breakout for upward momentum)
$1.2738 - Short-term resistance (Potential rejection area)
$1.2991 - Key resistance (Breakout could push price higher)
$1.3066 - Major resistance (Uptrend confirmation)
Support Levels:
$1.2411 - Initial support (Holding well)
$1.2083 - Strong support (Break below may trigger sell-off)
$1.1756 - Critical support (Last defense before major drop)
$1.1503 - Absolute bottom (Potential bounce zone)
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๐ Potential Trading Strategies
๐ข Long Trade (If Price Holds Above $1.2411 - $1.2197 Support)
Entry: $1.230 - $1.250
Target: $1.270 - $1.299
Stop-Loss: $1.210
๐ป Short Trade (If Price Fails to Break Above $1.2738 - $1.2991)
Entry: $1.275 - $1.290
Target: $1.240 - $1.210
Stop-Loss: $1.310
๐ Breakout Trade (If Price Clears $1.3066 and Holds Above)
Entry: $1.310 - $1.320
Target: $1.350 - $1.375
Stop-Loss: $1.290
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โ ๏ธ Risk Warning
Break below $1.2083 could signal a bearish move.
A breakout above $1.3066 is needed for a strong uptrend.
Tight stop-loss recommended due to volatility.
Would you like an additional analysis on volume trends or momentum indicators like RSI and MACD?
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