šØ $EVAA: A BIG DUMP COULD BE COMING ā BUT SHORTING TOO EARLY COULD BE A COSTLY MISTAKE! š
Everyone is calling for a dump because $EVAA keeps pushing higher. But hereās the problem: what looks like the perfect short entry can quickly turn into a short squeeze. š
š WHAT THE CHART IS TELLING US
š„ $EVAA has repeatedly trapped early short sellers.
š Price continues making new highs with strong momentum.
ā ļø So far, the weakness needed to justify a confident short entry isn't clear enough.
Thatās why Iām not rushing to short #EVAA just because it looks overextended. Strong momentum can stay strong longer than impatient traders expect.
š” REMEMBER $IRYS ?
We recently saw a similar situation with $IRYS . Traders kept trying to catch the top, but the price continued climbing, short liquidations piled up, and the squeeze became increasingly painful.
The lesson is simple: sometimes, the biggest mistake isn't picking the wrong direction ā it's entering before the market confirms your idea.
šÆ MY GAME PLAN FOR $EVAA
š¹ Right now: No blind short entries.
š¹ My focus: Wait for the resistance zone Iāve already marked.
š¹ Confirmation needed: A clear rejection, weakening momentum, and evidence that sellers are taking control.
š¹ Potential downside: A 40ā50% correction is possible, but it is not guaranteed.
Until those signals appear, Iām staying patient. #EVAA could still push higher before any meaningful correction begins.
ā ļø DONāT CONFUSE A HIGH PRICE WITH A CONFIRMED REVERSAL!
Iād rather wait for a clean setup than get liquidated trying to predict the exact top.
When #EVAA reaches my target zone and shows genuine selling pressure, Iāll consider hunting for the short opportunity. Until then, patience is the strategy. šÆ
š¬ YOUR TAKE: Is #EVAA ready for a major correction, or will the bulls push it even higher first?
š LONG š | SHORT š | WAIT ā³
Everyone is calling for a dump because $EVAA keeps pushing higher. But hereās the problem: what looks like the perfect short entry can quickly turn into a short squeeze. š
š WHAT THE CHART IS TELLING US
š„ $EVAA has repeatedly trapped early short sellers.
š Price continues making new highs with strong momentum.
ā ļø So far, the weakness needed to justify a confident short entry isn't clear enough.
Thatās why Iām not rushing to short #EVAA just because it looks overextended. Strong momentum can stay strong longer than impatient traders expect.
š” REMEMBER $IRYS ?
We recently saw a similar situation with $IRYS . Traders kept trying to catch the top, but the price continued climbing, short liquidations piled up, and the squeeze became increasingly painful.
The lesson is simple: sometimes, the biggest mistake isn't picking the wrong direction ā it's entering before the market confirms your idea.
šÆ MY GAME PLAN FOR $EVAA
š¹ Right now: No blind short entries.
š¹ My focus: Wait for the resistance zone Iāve already marked.
š¹ Confirmation needed: A clear rejection, weakening momentum, and evidence that sellers are taking control.
š¹ Potential downside: A 40ā50% correction is possible, but it is not guaranteed.
Until those signals appear, Iām staying patient. #EVAA could still push higher before any meaningful correction begins.
ā ļø DONāT CONFUSE A HIGH PRICE WITH A CONFIRMED REVERSAL!
Iād rather wait for a clean setup than get liquidated trying to predict the exact top.
When #EVAA reaches my target zone and shows genuine selling pressure, Iāll consider hunting for the short opportunity. Until then, patience is the strategy. šÆ
š¬ YOUR TAKE: Is #EVAA ready for a major correction, or will the bulls push it even higher first?
š LONG š | SHORT š | WAIT ā³
