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After this sharp drop in EVAA, the shorts seem exhausted. The 0.3950-0.4050 range could be worth a try. Place a stop-loss at 0.31 and bet on a rebound trading range up to 0.45-0.63. In a high-volatility market, remember to control your position size.
$EVAA is attempting to stabilize after an aggressive liquidity flush.
Sellers have exhausted momentum following the sharp decline, while buyers are beginning to defend the recent low and form a short-term base.
EP
0.3950–0.4050
TP
TP1: 0.4500
TP2: 0.5200
TP3: 0.6300
SL
0.3100
Liquidity is building above the recent recovery zone, and price is reacting from the session low around 0.3122. If buyers continue to hold this support, a relief rally toward higher liquidity is favored. Due to the extreme volatility after the sharp dump, disciplined risk management is essential.
Let’s go $EVAA