$EPIC , seriously? Got absolutely dumped again.
Current price around $0.2617
Down about 26.6% in 24h, with weak volume
Analysis: First, look at the structure. Today’s sell-off started around 0.36 and plunged straight to 0.2262, with barely any pause along the way. Now $0.2617 is sitting in a continuation area of the downtrend. The 0.28–0.30 range above is where the dump started, so a bounce up there could easily get rejected again. Below, 0.24 is the last small support zone before this leg’s low. If it doesn’t hold, price could probe around 0.22. That five-minute candle ripping up 5%—holy crap—but volume didn’t follow. Looks more like short covering than real buying. The biggest risk with this kind of structure is a quick pump followed by a drop right back down, leaving anyone who chased in stuck halfway up the hill. First, let’s see if 0.25 can hold. If it can’t, we’ll keep grinding lower.
Anyone who chased in—how’s that feeling?
Current price around $0.2617
Down about 26.6% in 24h, with weak volume
Analysis: First, look at the structure. Today’s sell-off started around 0.36 and plunged straight to 0.2262, with barely any pause along the way. Now $0.2617 is sitting in a continuation area of the downtrend. The 0.28–0.30 range above is where the dump started, so a bounce up there could easily get rejected again. Below, 0.24 is the last small support zone before this leg’s low. If it doesn’t hold, price could probe around 0.22. That five-minute candle ripping up 5%—holy crap—but volume didn’t follow. Looks more like short covering than real buying. The biggest risk with this kind of structure is a quick pump followed by a drop right back down, leaving anyone who chased in stuck halfway up the hill. First, let’s see if 0.25 can hold. If it can’t, we’ll keep grinding lower.
Anyone who chased in—how’s that feeling?