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Summary
• Price opened at $0.481 and dropped to a 24-hour low of $0.467 before closing near $0.478.
• A sharp 5-minute volume spike at $0.469 confirmed a short-term bearish shift.
• RSI showed oversold levels near $0.467, suggesting potential for a bounce.
• Volatility expanded significantly after 22:45 ET as price surged toward $0.483.
• A bullish engulfing pattern emerged near $0.481-0.482, indicating buying pressure.
Epic Chain/Tether (EPICUSDT) opened at $0.481 at 12:00 ET–1, reached a high of $0.486, a low of $0.467, and closed at $0.478 by 12:00 ET. Total volume for the 24-hour period was approximately 1,488,874.2, and turnover reached $716,063.1.
Price action showed a bearish breakdown below $0.476, followed by a consolidation phase above $0.472. A bullish engulfing pattern at $0.481-0.482 may indicate short-term accumulation. Key resistance appears to form around $0.482-0.484, with a support zone consolidating at $0.475-0.477. A doji near $0.469-0.470 suggests indecision after a sharp selloff.
The 20-period and 50-period moving averages on the 5-minute chart crossed in a bearish crossover, reinforcing the downward bias. MACD showed a bearish divergence during the selloff but has since returned to neutral. RSI hit 28 during the low at $0.467, suggesting oversold conditions and potential for a rebound.
Bollinger Bands widened significantly after the large volume move at $0.469, suggesting increased volatility. Price has since returned to the mid-band, indicating consolidation.

Volume spiked to 376,935.4 at $0.469, confirming a key short-term pivot. However, price failed to break above $0.483 after this move, suggesting resistance holds. Notional turnover aligned with price action, with confirmation seen at key levels like $0.482 and $0.469.
A 5-minute retracement from the high at $0.486 to the low at $0.467 showed key levels at $0.476 (38.2%) and $0.470 (61.8%). Price appears to have found support at the 61.8% level before rebounding. On the daily chart, a 61.8% retracement aligns with current consolidation at $0.478, suggesting further sideways action or a potential test of $0.482.
Epic Chain/Tether may continue to consolidate in the near term, with key levels at $0.482 and $0.475 to watch. A break above $0.483 could signal a bullish reversal, while a retest of $0.467 may trigger renewed selling. Investors should remain cautious as volatility remains elevated and short-term momentum is mixed.
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