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Summary
• Price surged 16.4% from 0.537 to 0.607 amid strong volume and bullish reversals.
• 20-period MA crossed above price in early session; now lagging behind recent highs.
• RSI hit overbought territory near 78 as of 12:00 ET, suggesting potential near-term pullback.
• Volume spiked in the 3–6 AM ET window, confirming a breakout above key resistance at 0.57–0.58.
• Bollinger Bands expanded significantly, reflecting increased volatility and heightened directional momentum.
Epic Chain/Tether (EPICUSDT) opened at 0.537 on 2025-12-16 at 12:00 ET, surged to 0.607, and closed at 0.603 on 2025-12-17 at 12:00 ET, with total volume of 18,596,990.2 and turnover of 9,430.1.
Structure & Formations
The 24-hour chart showed a bullish reversal pattern forming after a sharp sell-off in the 8:00–10:00 ET window. Key support levels were identified at 0.55 and 0.535, with a major resistance breach at 0.57–0.58. A long bullish candle closed near the high at 0.607, indicating strong buying pressure.
Moving Averages
On the 5-minute chart, the 20-period MA initially acted as a floor but has since lagged behind the price as momentum surged. The 50-period MA crossed above the 20-period MA during the breakout, confirming a shift in trend.
MACD & RSI
MACD remained positive throughout the late hours of the session, reinforcing the bullish momentum. RSI hit 78 near 12:00 ET, signaling overbought conditions and raising the likelihood of a short-term correction.
Bollinger Bands
Volatility expanded sharply from 3:00–6:00 ET as price surged past the upper band. The bands remain wide, reflecting ongoing uncertainty and strong directional bias.
Volume & Turnover
Volume surged in the 3–6 AM ET window, confirming the price breakout above 0.57–0.58. Notional turnover increased in tandem, showing no signs of divergence.
**

Fibonacci Retracements
Key Fibonacci levels from the 0.537–0.607 move include 38.2% at 0.569, 50% at 0.573, and 61.8% at 0.578. Price is consolidating near the 61.8% level, suggesting a potential pause or test of this area.
The recent surge appears to be driven by strong buying pressure and accumulation. However, overbought RSI and wide Bollinger Bands suggest traders may see a near-term pullback or consolidation before the next directional move. Investors should remain cautious and monitor the 0.57–0.58 range for potential retests.
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