Let's review the price structure on $EVAA as it tests local resistance.
$EVAA /USDT SHORT TRADE SETUP
Entry Zone: $1.32 – $1.35
T1: $1.26
T2: $1.15
T3: $1.11
Stop Loss: $1.45
Chart Read:
Price is consolidating near the upper resistance region after a strong prior move. Momentum shows signs of slowing down near current highs. A rejection from this area could initiate a pullback toward lower support levels.
Key Watch:
Watch for a definitive rejection candle or loss of momentum around the entry zone.
My personal chart analysis for educational purposes only. Not financial advice.
$EVAA /USDT SHORT TRADE SETUP
Entry Zone: $1.32 – $1.35
T1: $1.26
T2: $1.15
T3: $1.11
Stop Loss: $1.45
Chart Read:
Price is consolidating near the upper resistance region after a strong prior move. Momentum shows signs of slowing down near current highs. A rejection from this area could initiate a pullback toward lower support levels.
Key Watch:
Watch for a definitive rejection candle or loss of momentum around the entry zone.
My personal chart analysis for educational purposes only. Not financial advice.