$$EVAA 24-hour plummet of 38%, crashing from 1.18 to 0.64, did you buy the dip? Today’s plan is written below; if you don’t want to cut losses again, just read through.


This drop was fierce, but I only look at data and discipline. Currently at 0.6871, less than 6% above the 24h low of 0.6466, with a trading volume of 260 million indicating someone is buying the dip, but sentiment is not yet stable. My low-entry strategy: entry range of 0.65-0.66, just wait for it to retest the previous low to confirm support. If it rebounds directly, I won’t chase—those chasing the high now are the longs from yesterday, they deserve to be trapped.
Set stop-loss at 0.63; breaking this level indicates a deeper abyss below. Take profit at the first target of 0.75, the second target of 0.82, don’t add to positions until then. Keep position size within 15% of total funds, don’t go all-in; this isn’t the time for heavy leverage.
Yesterday’s high of 1.18 has almost been cut in half; rushing in now is either catching a falling knife or picking up cheap assets. Only wait for it to find its bottom on its own. The data is clear: 24h trading volume of 260 million, not small, but the bears are not exhausted; more killing and more buying still ongoing. I want to see support at 0.65 with volume before taking action.
Today, no trades—just watch the 0.65-0.66 order book, wait for the result. If it’s not within the planned range, don’t act out of impatience.
Remember: buy low, sell high; discipline is more important than emotions. No trading outside the plan.
EVAA-36.33%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments