$EPIC Positive Scenario (Uptrend Continuation): The price consolidates above the $0.70–$0.72 support and tests the $0.80 resistance. Daily closes above $0.80 may initiate a new momentum.
Correction Scenario (Profit Taking): If profit taking gains weight at the $0.77 level, the price may pull back to the $0.70 support. Any buy reactions from this level are considered technically healthy, as they would form a "higher low" structure.
In summary: The price is currently showing strong momentum. When opening new positions at current levels, using a stop-loss below the $0.70 level against possible profit taking after a record rally, and considering a staged take-profit strategy, would be beneficial from a risk management perspective.$QI $SYN
Correction Scenario (Profit Taking): If profit taking gains weight at the $0.77 level, the price may pull back to the $0.70 support. Any buy reactions from this level are considered technically healthy, as they would form a "higher low" structure.
In summary: The price is currently showing strong momentum. When opening new positions at current levels, using a stop-loss below the $0.70 level against possible profit taking after a record rally, and considering a staged take-profit strategy, would be beneficial from a risk management perspective.$QI $SYN