The movement of funds is often hidden in trading activity:
$EVAA 5-minute decline of 3.39%, current price 1.1446, 24h trading volume of $288 million.
Let's break down the fund flows:
· The decline was concentrated in just 5 minutes, indicating a concentrated wave of aggressive selling
· The 24h change is still +121.82%, which looks more like profit-taking
· Next, watch for buyers to step in at lower levels. If they don't, the price could easily drop again
If you think this makes sense, give it a like. If you disagree, tell us why in the comments.
$EVAA 5-minute decline of 3.39%, current price 1.1446, 24h trading volume of $288 million.
Let's break down the fund flows:
· The decline was concentrated in just 5 minutes, indicating a concentrated wave of aggressive selling
· The 24h change is still +121.82%, which looks more like profit-taking
· Next, watch for buyers to step in at lower levels. If they don't, the price could easily drop again
If you think this makes sense, give it a like. If you disagree, tell us why in the comments.