$EVAA : A Sharp Rejection Could Open the Door to $1.425
EVAA's recent rally has brought price into a potential selling zone between $1.65 and $1.70.
Now the question is whether buyers can defend the move or sellers will regain control.
EVAAUSDT Perpetual | SHORT
Reference Price: $1.6518
Resistance Zone: $1.65–$1.70
Take Profit: $1.425
Stop Loss: $1.799
The bearish scenario depends on price failing to reclaim resistance and confirming renewed selling pressure.
If the rejection holds, a move toward $1.425 could become the next downside objective.
However, a sustained recovery above $1.699 would invalidate this short setup.
The reported on-chain selling pressure remains unverified, so price confirmation is especially important.
Would you consider shorting this rejection or wait for a confirmed breakdown?
$EVAA
#CryptoTrading #altcoins
EVAA's recent rally has brought price into a potential selling zone between $1.65 and $1.70.
Now the question is whether buyers can defend the move or sellers will regain control.
EVAAUSDT Perpetual | SHORT
Reference Price: $1.6518
Resistance Zone: $1.65–$1.70
Take Profit: $1.425
Stop Loss: $1.799
The bearish scenario depends on price failing to reclaim resistance and confirming renewed selling pressure.
If the rejection holds, a move toward $1.425 could become the next downside objective.
However, a sustained recovery above $1.699 would invalidate this short setup.
The reported on-chain selling pressure remains unverified, so price confirmation is especially important.
Would you consider shorting this rejection or wait for a confirmed breakdown?
$EVAA
#CryptoTrading #altcoins
