This move is unfolding cleanly after the bounce. $EPIC pushed up into the 0.49 area but failed to hold, printing a clear rejection and rolling back below the key intraday level. The structure shows a lower high forming after the relief rally, which keeps sellers in control and confirms this is distribution, not trend reversal. As long as price stays below the rejection zone, downside continuation remains favored....
Momentum remains bearish with rallies getting sold. Unless $EPIC reclaims and holds above the 0.50 area, the path of least resistance stays to the downside. Manage risk and trail profits as the move develops.
Trade Setup (Short):
Entry Range: 0.475 – 0.485
Target 1: 0.465
Target 2: 0.455
Target 3: 0.445
Stop Loss (SL): 0.505


