$EVAA ran +45% and this is what the structure shows right now 👇
After climbing from 0.4914 to 0.7628 in 3 days (+45% on the day), momentum is showing signs of exhaustion.
It pushed above 0.7413 for a moment, got sold hard from 0.7628 and EVAA is now right at that old high again. Looks like a breakout that didn't hold, and anyone who bought up there is probably getting nervous.
The spot I care about is 0.61. That's where $EVAA the last dip bottomed (it retraced 53% of the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 0.7628 though, I'm wrong.
📌 My EVAA trade: short from 0.7476, stop at 0.8164, target 0.61 (+18.4%, 1:2)
📊 24h Vol: $38.7M | 24h Chg: +45.1% | Funding: +0.0210%
Top or just a pause? What do you think? 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#EVAA #Analysis #Trading
After climbing from 0.4914 to 0.7628 in 3 days (+45% on the day), momentum is showing signs of exhaustion.
It pushed above 0.7413 for a moment, got sold hard from 0.7628 and EVAA is now right at that old high again. Looks like a breakout that didn't hold, and anyone who bought up there is probably getting nervous.
The spot I care about is 0.61. That's where $EVAA the last dip bottomed (it retraced 53% of the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 0.7628 though, I'm wrong.
📌 My EVAA trade: short from 0.7476, stop at 0.8164, target 0.61 (+18.4%, 1:2)
📊 24h Vol: $38.7M | 24h Chg: +45.1% | Funding: +0.0210%
Top or just a pause? What do you think? 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#EVAA #Analysis #Trading
