【See Rise】
EPIC is currently quoting at 0.6254, up 8.01% over the past 24 hours, with a 7-day gain of 78.08%. The intraday range is 0.5630–0.6817, with a volatility of 21.1%.
【Market View】
During the market’s bottoming-out phase, EPIC can still stay in the green for 24 hours, suggesting independent capital is propping it up.
Around 0.5630 is the breakout point for this round of rally; if it pulls back to this level, the value proposition isn’t bad.
Compared with BTC’s +1.98%, EPIC’s relative strength is stronger—these kinds of assets are usually the vanguard of a rebound.
In the short term, the bias is bullish.
【Bullish Rationale】
The 7-day upside of 78.08% has already largely been priced in; behind this upswing is support at the weekly level.
The structure above 0.5630 hasn’t broken down. 0.6817 is the resistance level to chew through next.
The short-term price momentum is a bit fast, so the risk of needle-like spikes shouldn’t be ignored; waiting for a pullback and confirmation before acting is more prudent.
For the rebound, first look at the intraday high of 0.6817. After an effective breakout, new upside room will open; if it falls below 0.5630, shift to watching mode.
$EPIC #EPIC