$EPIC /USDT: Breakdown & What's Next
$EPIC /USDT has entered a steep decline, falling from ~0.840 to test the 0.295 support—a ~65% drop in weeks. The chart shows a clear bearish structure with consistent lower highs and lower lows.
Why the Dump?
The breakdown accelerated after price lost the crucial 0.500–0.480 support zone, triggering stop losses and panic selling. This was likely compounded by broader altcoin weakness, potential whale distribution, and leveraged long liquidations during the slide.
Key Levels Ahead:
Support: 0.295 (critical). A break opens 0.240–0.220.
Resistance: Any bounce faces selling at 0.360, 0.400, and 0.460.
Reversal Signal Needed: A sustained move back above 0.500 with volume is required to shift the narrative.
Bottom Line:
The trend remains bearish until key resistance levels are reclaimed. Trade carefully, manage risk, and wait for confirmation before assuming a bottom is in.
#Epic $EPIC