$EVAA lost the 1.3 level, with the current price at 1.2645.
Round-number levels don’t have any special significance in themselves, but pending orders, stop-losses, and psychological expectations tend to cluster around them, so the tug-of-war between buyers and sellers is usually quite drawn out.
The key is whether a rebound can reclaim 1.3. If it can’t, support turns into resistance.
Just sharing my thoughts; this is not investment advice.
Round-number levels don’t have any special significance in themselves, but pending orders, stop-losses, and psychological expectations tend to cluster around them, so the tug-of-war between buyers and sellers is usually quite drawn out.
The key is whether a rebound can reclaim 1.3. If it can’t, support turns into resistance.
Just sharing my thoughts; this is not investment advice.
