$EPIC is getting flushed, but this is exactly why it’s on my radar. 👀
Price is $0.1403, down 24.29% in 24h after a brutal 4h slide of 26.2%. Volume is $1.45M, just 0.1x the 20d average, while RSI(14) sits at 25 and price is below both the 20d and 50d MAs.
Ugly. Very ugly.
Still, this looks more like thin forced selling than real capitulation. EPIC is 77% off its 30d high, with futures funding at 0.000%. Near $0.14, I’d wait for a reclaim instead of catching the knife. $ETH strength would help, but this setup is its own bet. 🔥
#EPIC #Web3 #CryptoNews
Price is $0.1403, down 24.29% in 24h after a brutal 4h slide of 26.2%. Volume is $1.45M, just 0.1x the 20d average, while RSI(14) sits at 25 and price is below both the 20d and 50d MAs.
Ugly. Very ugly.
Still, this looks more like thin forced selling than real capitulation. EPIC is 77% off its 30d high, with futures funding at 0.000%. Near $0.14, I’d wait for a reclaim instead of catching the knife. $ETH strength would help, but this setup is its own bet. 🔥
#EPIC #Web3 #CryptoNews