$EPIC —the screen lit up for a second, and I thought I was seeing things.
Current price: around $0.2729
Up about 7.6% over 24h, but volume is weak
Analysis: This rally was sharp, but volume is weak, so first we need to see whether it can hold. The key is that 5-minute plunge of -5.11%—it spiked and then pulled back, which shows there’s heavy resistance near 0.3143. No need to rush in now. First, let’s see whether it can stabilize around 0.2729. If it can’t, wait for a retest near that low around 0.2465 before buying. Don’t make a move until it reaches those levels; damn, chasing a rally is the easiest way to get stuck at the top. If it holds, we’ll see; if not, we can just watch. Are you holding and enjoying the ride, or nervously watching from the sidelines?
Current price: around $0.2729
Up about 7.6% over 24h, but volume is weak
Analysis: This rally was sharp, but volume is weak, so first we need to see whether it can hold. The key is that 5-minute plunge of -5.11%—it spiked and then pulled back, which shows there’s heavy resistance near 0.3143. No need to rush in now. First, let’s see whether it can stabilize around 0.2729. If it can’t, wait for a retest near that low around 0.2465 before buying. Don’t make a move until it reaches those levels; damn, chasing a rally is the easiest way to get stuck at the top. If it holds, we’ll see; if not, we can just watch. Are you holding and enjoying the ride, or nervously watching from the sidelines?