$EVAA SHOWING CLASSIC ACCUMULATION PATTERN — OI SURGING WHILE PRICE LAGS 💎
Open interest has surged 4% in the past hour while price remains unchanged — a classic divergence between order flow and price action. Volume often precedes price, and with ATR at 4.75%, there is room for a strong move.
Retail long/short ratio sits at 2.28, indicating crowd FOMO, while top traders remain neutral at 1.96. This divergence, coupled with neutral funding, often precedes accumulation phases before a breakout. Price lagging OI is a pattern that has historically led to sharp moves.
Is this the accumulation before a breakout or will we see a liquidity sweep first?
Not financial advice. Always manage your risk.
#EVAA #Accumulation #VolumeDivergence #Crypto #OI 💎