🔻 SHORT
$EVAA (⏱️ Timeframe: 4H)
📍 Entry: 0.5400 - 0.5480
🛑 SL: 0.5700
🎯 TP1: 0.5200
🎯 TP2: 0.5000
🎯 TP3: 0.4800
Price is getting absolutely crushed after failing to hold the 0.6000 level, with the structure breaking down heavily over the last few days. The entire move from the recent highs is now corrective, and we are seeing consistent lower highs forming on the 4H chart. The current bounce is extremely weak and is likely a dead cat bounce into the previous support turned resistance zone around 0.5480. With 62% of the order book leaning towards sellers and the 24H volume showing heavy distribution, I anticipate another leg down to sweep the 0.5250 lows and potentially push much deeper towards the 0.5000 psychological level. The strong rejection from the recent highs suggests this pair is in a clear downtrend until proven otherwise.
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$EVAA #EVAASDT #TradeSetup #TechnicalAnalysis #WriteToEarnUpgrade #Write2Earn ⚠️ Not financial advice. Always manage your risk.