$EPT Bullish Analysis

Recent Performance:

7-day low around $0.0023, high around $0.0033.

Circulating supply is 3.24B EPT, max supply 10B, so dilution risk exists.

Key Levels:

Support:

• $0.0023 (recent low, Fibonacci 0.618 retracement).

• If this breaks → $0.0018 (psychological support).

Resistance:

• $0.0035 (200-day EMA).

• $0.0050 (launch zone retest).

A break above $0.0035 = bullish confirmation.

A drop below $0.0023 = downside to $0.0015.

2. Technical Indicators

Moving Averages (MA):

Bearish alignment. On 4H/1D timeframes, price is trading below the 20/50 EMA (death cross forming).

The 200 EMA at $0.0035 is acting as strong resistance.

RSI (14):

Around 33, near oversold territory.

Momentum is bearish, no divergence yet — but a short-term bounce toward $0.0030 is possible.

MACD:

MACD is in negative territory, histogram weakening (early recovery signs).

Signal line remains below zero, meaning sellers are still in control.

Volume:

24h volume $1.89M, below average.

Selling spikes during dips, buying pressure weak.

A volume increase is required to confirm any breakout.

Other Indicators:

Stochastic oversold cross is forming.

OBV downtrend confirms selling pressure.

Fear & Greed Index is neutral-bearish.

3. Chart Patterns & Outlook

Pattern:

A symmetrical triangle has formed on the 4H chart — compression phase.

Bullish breakout target: $0.0155 (historical channel top).

Bearish breakdown target: $0.0015.

Short-term (1–7 days):

Bitget’s 4H/1D analysis shows a Strong Sell.

Price must hold $0.0023 for a bounce.

Rejection here = short opportunity.

Medium-term (End of 2025):

AI/Gaming adoption could push price to $0.005–0.01 if BTC rallies.

But regulatory risks + supply vesting = high volatility.

Signal: Bullish

Long Entry:

0.002250 – 0.002300

Take-Profit Targets:

TP1: 0.002850

TP2: 0.003300

Stop-Loss:

0.001960

Strategy Tip:

DYOR. Risk only 1–2% per trade.

Keep an eye on BTC/ETH$EPT is highly correlated.

This is not financial advice.

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