Trading Plan Long $EPIC
$EPIC just flushed into major support at $0.5 and wicked hard, showing initial demand.
Entry: $0.50-$0.56
Stoploss: $0.45
Targets: $0.60 / $0.75 / $0.90
EPIC saw a -48% dump yesterday, expanding BB width by 93% on the 1H, but the price is now sitting on strong 0.5 support. RSI is deeply oversold at 22.8, indicating a potential bounce after such a violent move. OI jumped 32% on the dump, suggesting shorts piled in, and taker sell volume is aggressive, setting up a possible squeeze if 0.5 holds. Lose $0.45, thesis broken.
Trade $EPIC here 👇
$EPIC just flushed into major support at $0.5 and wicked hard, showing initial demand.
Entry: $0.50-$0.56
Stoploss: $0.45
Targets: $0.60 / $0.75 / $0.90
EPIC saw a -48% dump yesterday, expanding BB width by 93% on the 1H, but the price is now sitting on strong 0.5 support. RSI is deeply oversold at 22.8, indicating a potential bounce after such a violent move. OI jumped 32% on the dump, suggesting shorts piled in, and taker sell volume is aggressive, setting up a possible squeeze if 0.5 holds. Lose $0.45, thesis broken.
Trade $EPIC here 👇