Plunged 4.24% in $EVAA 5 minutes, trading at 1.3277, with a 24-hour range of 1.1058–1.45.
I’ll use the consolidation zone before the unusual move as the dividing line: it only counts if the price holds outside that range.
The first rebound after a drop is crucial: if it can’t bounce, buying support is still weak; recovering most of the losses would be a sign of stabilization.
I’ll use the consolidation zone before the unusual move as the dividing line: it only counts if the price holds outside that range.
The first rebound after a drop is crucial: if it can’t bounce, buying support is still weak; recovering most of the losses would be a sign of stabilization.
