$EVAA is up 76% today on 568M USDT in volume, and the headline about circulating supply rising 26.47% is the part I can't ignore.
I'm not chasing 1.4268. Price is holding above the 7-MA at 1.3755 after rejecting the 1.6100 high, while the 25-MA sits far lower at 1.1694. That's stretched, so I'd rather bid the pullback than buy strength.
Confirmation: a bounce from the 1.38 zone with volume. Invalidation: a close below 1.28, which means momentum is gone and 1.17 gets tested. New supply could cap this move, so I'm keeping size small.
Entry: 1.38
TP1: 1.50
TP2: 1.61
TP3: 1.70
SL: 1.28
$EVAA
Do you fade a pump when supply is unlocking, or wait for the dip like I'm doing?#EarningsSeason #Write2Earn #Binance
I'm not chasing 1.4268. Price is holding above the 7-MA at 1.3755 after rejecting the 1.6100 high, while the 25-MA sits far lower at 1.1694. That's stretched, so I'd rather bid the pullback than buy strength.
Confirmation: a bounce from the 1.38 zone with volume. Invalidation: a close below 1.28, which means momentum is gone and 1.17 gets tested. New supply could cap this move, so I'm keeping size small.
Entry: 1.38
TP1: 1.50
TP2: 1.61
TP3: 1.70
SL: 1.28
$EVAA
Do you fade a pump when supply is unlocking, or wait for the dip like I'm doing?#EarningsSeason #Write2Earn #Binance
