🐋 $EVAA breaks below the 1.65 level. Areas near key levels are usually where pending orders and stop-losses are most concentrated.
After a break below, long-position stop-losses underneath can easily be swept in a cluster, triggering a sharp downward acceleration. But if large buyers step in at lower levels, the price could also be pulled back above the level.
Will you follow or stay on the sidelines?
#EVAA
After a break below, long-position stop-losses underneath can easily be swept in a cluster, triggering a sharp downward acceleration. But if large buyers step in at lower levels, the price could also be pulled back above the level.
Will you follow or stay on the sidelines?
#EVAA