Market Overview for Epic Chain/Tether (EPICUSDT) – 2025-09-18

• EPICUSDT opened at $2.016 and closed at $2.304, reaching a 24-hour high of $2.403 and a low of $2.156.
• A sharp rally occurred during the early hours of 2025-09-18, pushing the pair above key resistance levels.
• RSI briefly hit overbought levels during the morning, while volume surged during breakout phases.
• Price consolidated near the 2.30–2.32 range in the late afternoon, suggesting a potential pause in momentum.
• Volatility expanded significantly after a contraction observed early in the 24-hour period.

Epic Chain/Tether (EPICUSDT) opened at $2.016 on 2025-09-17 at 12:00 ET and closed at $2.304 on 2025-09-18 at 12:00 ET, reaching a high of $2.403 and a low of $2.156 during the 24-hour window. Total trading volume amounted to 1,352,976.4 units, with notional turnover exceeding $2.84 million.

Structure & Formations

The 24-hour chart for EPICUSDT shows a strong bullish bias, with a key ascending impulse forming from the early morning to midday. A distinct 15-minute bullish engulfing pattern emerged around 04:15–04:30 ET, as price broke above a prior consolidation range and closed at $2.371. This was followed by a brief pullback into a 2.32–2.34 support zone before retesting the upper band. Key resistance levels formed at 2.40 (intra-day high) and 2.38 (pre-breakout peak), while 2.30–2.32 has shown resilience as a short-term support. A potential bearish reversal is indicated by a long-legged doji forming at 05:45 ET after the 2.395 high.

Moving Averages

On the 15-minute timeframe, the 20-period and 50-period moving averages are bullish-aligned, with the 50 MA providing dynamic support in the $2.25–2.28 range. On the daily timeframe, the 50 and 200-day moving averages are in a bullish crossover, while the 100 MA aligns with the 50 MA in the $2.22–2.24 range. Price closed above all key MAs on the daily chart, reinforcing the continuation of the bullish trend.

MACD & RSI

The MACD for the 15-minute chart showed a bullish crossover at around 03:45 ET, with the histogram expanding during the morning rally. However, the MACD histogram began to contract during the late morning, hinting at possible exhaustion. The RSI climbed into overbought territory (75–80) during the 04:00–06:00 ET window, confirming aggressive buying. A short-term bearish divergence is forming on the RSI as the price moves higher without matching momentum, suggesting a potential pullback may be in the cards.

Bollinger Bands

Volatility expanded significantly as the pair pushed higher, with price moving outside the upper band for several hours after 04:00 ET. The Bollinger Bands were narrower during the consolidation phase in the early hours of 2025-09-18. At the time of the 12:00 ET close, the price was trading just below the upper band, indicating continued strength. The bands are expected to widen further if the price continues to break through resistance levels.

Volume & Turnover

Volume spiked during key breakout phases, especially in the hours between 03:45 ET and 06:00 ET, confirming the bullish momentum. The notional turnover increased from around $0.15 million during early consolidation to over $1.5 million during the peak rally. A divergence in volume is noted during the afternoon session—although price remained above key support, the volume declined, suggesting a possible shift in sentiment.

Fibonacci Retracements

Applying Fibonacci retracement levels to the key 15-minute swing (2.016–2.403), the 61.8% level is at $2.27 and the 38.2% level is at $2.22. On the daily chart, the 50% retracement level is at $2.18, aligning with a potential consolidation zone. Price is currently above the 61.8% level, indicating that the bullish trend could continue unless the 2.27–2.28 range begins to fail.

Backtest Hypothesis

Given the strong bullish momentum confirmed by volume and MACD, a potential backtest strategy could involve a breakout-based approach. For instance, entering long at a close above the 15-minute upper Bollinger Band (confirmed by RSI above 60) with a stop loss below the 2.30–2.32 support level and a target at the 1.618 Fibonacci extension (around $2.50). This strategy could be enhanced by adding a time filter (e.g., excluding entries during hours of low liquidity) and incorporating a trailing stop once the position is in profit.