A sharp rally of 9.49% in $EVAA 5 minutes, with the price at 1.3005 and a 24h range of 1.0638 ~ 1.3053.
Price and volume need to confirm each other for the move to be meaningful; an unusual move in a single candlestick doesn’t tell us much.
The first pullback after a rally is crucial: a pullback on lower volume is relatively healthy, while a drop on higher volume warrants caution.