$EPIC : High Conviction Short Opportunity as $EPIC Tests Supply Wall
SHORT SETUP EPIC
Entry: $0.31500 - $0.31730
Stop Loss: $0.32850
Take Profit: $0.29145 (2R)
Key Levels: Support $0.25980 | Resistance $0.40310
Technical Analysis for $EPIC : Price sits below EMA21 (0.3357) and EMA50 (0.3813), signaling a downtrend. RSI at 38.8 and Stochastic K/D around 37 point to bearish momentum. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure. The nearby resistance and support levels frame the current market structure.
Market Context: BTC is down 2.1% on a bearish 4hour trend, and the broader market is broadly negative, with 89.3% of assets red.
SHORT $EPIC
SHORT SETUP EPIC
Entry: $0.31500 - $0.31730
Stop Loss: $0.32850
Take Profit: $0.29145 (2R)
Key Levels: Support $0.25980 | Resistance $0.40310
Technical Analysis for $EPIC : Price sits below EMA21 (0.3357) and EMA50 (0.3813), signaling a downtrend. RSI at 38.8 and Stochastic K/D around 37 point to bearish momentum. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure. The nearby resistance and support levels frame the current market structure.
Market Context: BTC is down 2.1% on a bearish 4hour trend, and the broader market is broadly negative, with 89.3% of assets red.
SHORT $EPIC