⚠️ $EPIC pumped +33%, but it's running straight into the MA(99) at ~0.3191, which has rejected price all along the downtrend. The wick at 0.3350 shows sellers stepping in.
Pumps like this often retrace to 0.28 or lower. EPIC is still down ~67% over a year. This looks like a bounce, not a reversal, until it holds above resistance.
Fading it or staying out? 👇
#EPIC #Futures #BinanceSquare
Pumps like this often retrace to 0.28 or lower. EPIC is still down ~67% over a year. This looks like a bounce, not a reversal, until it holds above resistance.
Fading it or staying out? 👇
#EPIC #Futures #BinanceSquare