$EVAA Signal】Bearish setup: 4H momentum divergence + sell-side depth imbalance


$EVAA Order book: sell orders thickness is 24% higher than buy orders; 1H RSI at 57 with three consecutive bearish candles and declining volume. 4H MACD histogram expands, but price fails to break the previous high—volume-price divergence is confirmed.
Funding rate 0.0575% is on the high side, and bears clearly have a cost advantage.

🎯 Direction: short

⚡ Entry / Orders: 1.076660 - 1.079900

🛑 Stop-loss: 1.133895

🚀 Target 1: 0.998908

🚀 Target 2: 0.958411

🛡️ Trade management:
- Execution strategy: After reaching Target 1, cut position by 50% and move the stop-loss up to breakeven. If price drops back to the entry level, exit automatically to protect principal.

Sell orders continue to thicken on the book, so the rebound strength is limited for the short term. In terms of risk-reward, 1.5x isn’t outstanding, but given the current structure, the bears’ margin of safety is higher than chasing longs.
View live price 👇 $EVAA
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
#PreIPOs第二期OpenAI认购 #Gate6月透明度报告 #美国核心CPI未达预期
EVAA31.39%
View Original
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
  • Pinned