EPIC is currently performing well—price is around 0.540, already stabilizing above the 7-hour moving average (about 0.529), and further away from the 25-hour moving average (about 0.501) and the 99-hour moving average (about 0.492). The technical outlook looks quite clear.
If it can break through the recent high of 0.549, it may then aim for the 0.56-0.58 range, which still has potential. Conversely, in the short term, support is around 0.52, and further down, the swing low of 0.457 is a stronger support zone.
More importantly, during this rally, trading volume has significantly increased, indicating that buyers are still strong. Whether it can continue to rise depends on two key points: first, whether the trading volume can stay high, and second, whether the price can hold above the short-term moving averages. If either of these conditions breaks down, the rebound may be in question.
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EPIC is currently performing well—price is around 0.540, already stabilizing above the 7-hour moving average (about 0.529), and further away from the 25-hour moving average (about 0.501) and the 99-hour moving average (about 0.492). The technical outlook looks quite clear.
If it can break through the recent high of 0.549, it may then aim for the 0.56-0.58 range, which still has potential. Conversely, in the short term, support is around 0.52, and further down, the swing low of 0.457 is a stronger support zone.
More importantly, during this rally, trading volume has significantly increased, indicating that buyers are still strong. Whether it can continue to rise depends on two key points: first, whether the trading volume can stay high, and second, whether the price can hold above the short-term moving averages. If either of these conditions breaks down, the rebound may be in question.