$EPIC /USDT TRADE ANALYSIS – BULLISH MOMENTUM BUILDING! 🚀
📊 Risk-Reward Ratio: 1:3.2 (A Stellar Setup for Swing Traders!)
📌 Trade Setup
🔹 Entry Zone: $1.295 - $1.306
🎯 Take-Profit (TP) Targets:
TP1: $1.333 (first resistance level)
TP2: $1.378 (recent 24H high)
TP3: $1.392 (stretch target for bulls)
🛑 Stop-Loss (SL): $1.161 (below the recent low for risk management)
Buy $EPIC Here!
📊 Trade Analysis
Price Action: $EPIC has surged from a low of $1.115, breaking past $1.161 with strong bullish momentum, and is now trading at $1.306. The price recently hit a 24H high of $1.378 before pulling back slightly, indicating potential for another leg up if momentum continues.
MACD Bullish Signal: The MACD shows a bullish crossover (DIF: 0.027, DEA: 0.011, MACD: 0.017), with the histogram in positive territory. This confirms growing buying pressure and supports the bullish trend.
RSI Overbought Warning: RSI at 74.771 is in overbought territory (>70), reflecting strong bullish momentum. However, this also suggests a possible short-term pullback or consolidation—traders should stay cautious.
Volume Confirmation: Volume has spiked to 54.156M, significantly above the 5-period MA (291.935M) and 10-period MA (163.735M). This surge in volume validates the breakout and highlights strong buyer interest.
Support and Resistance: The $1.161 level has flipped into solid support after the breakout. Key resistance lies at $1.333 (minor resistance) and $1.378 (24H high). A break above $1.378 could open the door to $1.392 or higher.
🔥 Final Thoughts
✅ Bullish Outlook: The breakout above $1.161, backed by high volume and a bullish MACD, suggests EPIC has more room to run. A move past $1.333 could trigger the next rally toward $1.378 and beyond.
📌 Best Strategy: Enter between $1.295-$1.306, set a stop-loss at $1.161, and aim for TP1 at $1.333 to secure early profits. Scale out at TP2 and TP3 if the momentum persists. Monitor RSI for overbought conditions and watch volume for confirmation of the next move!