🔥$EPIC: A strong bullish uptrend is evident.
The latest daily candle recorded massive volume, exceeding 109 million. This volume breakout confirms substantial capital inflow, suggesting the current upward momentum is robust.
Perpetual contracts show significant positive inflows, totaling +696k in the last 24 hours. This indicates increased leveraged long positions fueling the rally.
However, spot markets experienced outflows of -346k in the same period, likely due to profit-taking. While leveraged buying currently outweighs this, sustained spot outflows could introduce risk if long positions unwind rapidly.
Overall, $EPIC is cautiously bullish. The breakout is supported by both volume and capital flows, but technical indicators like RSI, KDJ, and %B suggest overbought conditions. A negative funding rate also adds to the risk profile.
**Entry Strategy: Wait for a pullback.**
* **Aggressive Entry:** Around 0.705–0.720 (near the broken upper Bollinger Band and MA5). This offers a solid risk-reward profile.
* **Conservative Entry:** A deeper dip to 0.640–0.660 (MA5/MA10 area). This is a safer entry point, confirming trend strength if it holds.
**SL:**
Below 0.680 for aggressive Entry.
Below 0.625 for conservative Entry.
**TP:**
TP1: ~0.832 (first resistance).
TP2: 0.919 (if R1 is broken).
What are your thoughts on $EPIC? Share your insights below! 🚀
#Epic #EPICUSDT
