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Ruudv
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$EVAA ☕️♨️For Futures Traders :🚀 ☕️Entry: Accumulate small positions on dips toward $1.05–$1.18 (support zone) ☕️Target: $1.40–$1.60 (near-term resistance) ☕️Stop Loss: $0.80 (below recent low) Position Size: Risk no more than 1–8% per trade due to extreme volatility ☕️Strategy: Use grid trading or DCA to average into positions; avoid leverage >5-10x
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$EVAA 🚀♨️Short-Term Bullish Case ✅ Yesterday's 18.82% rally broke a 20-day downtrend with volume confirmation Support established near $0.84; resistance at $1.20–$1.30 Potential for mean-reversion bounce toward $1.50–$1.80 if momentum sustains
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$EVAA ☕️♨️Technical & Price Dynamics 📊 ☕️EVAA has experienced severe downward pressure since launch, declining from an opening price of $9.79 (Nov 1) to $1.16 (Dec 4) — a 88% collapse over 34 days. However, today (Dec 4) marked a significant reversal: the token surged 18.82% in 24 hours, closing at $1.1584 with a spike to $1.1622 intraday. This represents the strongest daily performance in weeks, breaking a prolonged downtrend. ♨️🧭Key Technical Observations:🏗 ☕️Capitulation Phase Complete: The extended decline from $9.79 to $0.84 (Dec 1 low) suggests institutional and retail capitulation, typical of post-launch volatility. ☕️Volume Surge: Today's 5.456M USDT volume is the highest since November 14, indicating renewed institutional interest. ☕️Reversal Signal: The close above $1.10 after testing $0.84 suggests potential support formation and short-covering activity. ☕️Funding Rate Positive: At + 0.0633%, the funding rate indicates mild bullish positioning without excessive leverage.
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