$EVAA is showing a strong recovery and the trend indicator confirms it too.
Price is at $0.9384 right now, up 11.38% in the last 24 hours. It touched a low of $0.8000 and climbed all the way to a high of $0.9489 before settling where it is now.
The chart shows a clear turnaround story. Early on, price was drifting down, and the Supertrend line flipped red, marking a downtrend while it slid toward that $0.80 low. Once it hit bottom, buyers came in and pushed price back up. The Supertrend line flipped green right around $0.86, signaling the shift, and from there price climbed steadily through $0.89, then $0.92, then broke higher with a strong green candle jumping straight to $0.9489. It pulled back slightly after that spike and is now holding near $0.9380.
Volume backs the move too, over 25.38 million EVAA traded, worth about $22.55 million in USDT.
Zooming out, today is up 2.16%, the week is actually down 9.19%, but 30 days is up 13.09%, 90 days up 51.26%, and 180 days up 10.63%. So despite a rough week, the medium and longer term trend has been solidly positive.
This looks like a healthy bounce off a strong support zone, with the trend indicator confirming the shift from bearish to bullish. Worth watching to see if it holds above $0.90 or cools off from here. As always, this is just chart reading, not advice, so please do your own research before making any trading decisions.
#GlobalTechStocksExtendSelloff #SenateRejectsIranWarPowersResolution #KRXActivatesSellSideSidecar #WTIUp6.17%BrentUp7.04% #DowJonesFallsOver500Points
Price is at $0.9384 right now, up 11.38% in the last 24 hours. It touched a low of $0.8000 and climbed all the way to a high of $0.9489 before settling where it is now.
The chart shows a clear turnaround story. Early on, price was drifting down, and the Supertrend line flipped red, marking a downtrend while it slid toward that $0.80 low. Once it hit bottom, buyers came in and pushed price back up. The Supertrend line flipped green right around $0.86, signaling the shift, and from there price climbed steadily through $0.89, then $0.92, then broke higher with a strong green candle jumping straight to $0.9489. It pulled back slightly after that spike and is now holding near $0.9380.
Volume backs the move too, over 25.38 million EVAA traded, worth about $22.55 million in USDT.
Zooming out, today is up 2.16%, the week is actually down 9.19%, but 30 days is up 13.09%, 90 days up 51.26%, and 180 days up 10.63%. So despite a rough week, the medium and longer term trend has been solidly positive.
This looks like a healthy bounce off a strong support zone, with the trend indicator confirming the shift from bearish to bullish. Worth watching to see if it holds above $0.90 or cools off from here. As always, this is just chart reading, not advice, so please do your own research before making any trading decisions.
#GlobalTechStocksExtendSelloff #SenateRejectsIranWarPowersResolution #KRXActivatesSellSideSidecar #WTIUp6.17%BrentUp7.04% #DowJonesFallsOver500Points