$EPIC — Bearish Continuation Setup 🥶
Current price: 0.4360 👌🏾
The daily chart shows a strong rejection from 1.20+ followed by multiple large red candles. Sellers are still in control.
Short idea:
* Entry: 0.48–0.55 on a relief bounce/retest
* SL: 0.62
* TP1: 0.40
* TP2: 0.35
* TP3: 0.30
Confirmation: A clean break below 0.40 could increase downside momentum.
Invalidation: Strong reclaim above 0.62.
I would avoid chasing the current red candle; waiting for a bounce gives a cleaner risk/reward.
Current price: 0.4360 👌🏾
The daily chart shows a strong rejection from 1.20+ followed by multiple large red candles. Sellers are still in control.
Short idea:
* Entry: 0.48–0.55 on a relief bounce/retest
* SL: 0.62
* TP1: 0.40
* TP2: 0.35
* TP3: 0.30
Confirmation: A clean break below 0.40 could increase downside momentum.
Invalidation: Strong reclaim above 0.62.
I would avoid chasing the current red candle; waiting for a bounce gives a cleaner risk/reward.