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🚨 Still holding my EVAA short.
The latest bounce hasn’t changed my overall view.
Price is approaching a major resistance area around $3.00, while Open Interest is increasing. This is where the market usually reveals its real intention.
My focus now:
* Can buyers break and hold above $3.00?
* Or is this just another liquidity grab before a larger move down?
If this turns into a rejection, I’m watching the $2.30–2.50 zone first. A loss of momentum there could open the door for an even deeper correction.
To me it looks like a short squeeze to grab more fuel to drop down and retesting a high zone.
I am still bearish. This coin went way too far. It is time to cooldown a bit
#crypts #Alts #EVAA #shorts
The latest bounce hasn’t changed my overall view.
Price is approaching a major resistance area around $3.00, while Open Interest is increasing. This is where the market usually reveals its real intention.
My focus now:
* Can buyers break and hold above $3.00?
* Or is this just another liquidity grab before a larger move down?
If this turns into a rejection, I’m watching the $2.30–2.50 zone first. A loss of momentum there could open the door for an even deeper correction.
To me it looks like a short squeeze to grab more fuel to drop down and retesting a high zone.
I am still bearish. This coin went way too far. It is time to cooldown a bit
#crypts #Alts #EVAA #shorts
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